Tyche Wealth Partners LLC Has $3.93 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Tyche Wealth Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,195 shares of the company’s stock after purchasing an additional 6,095 shares during the quarter. Tyche Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,928,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Almanack Investment Partners LLC. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the 3rd quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after acquiring an additional 52 shares during the period. Galvin Gaustad & Stein LLC raised its position in iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after purchasing an additional 54 shares in the last quarter. Cape Investment Advisory Inc. raised its position in iShares MSCI USA Quality Factor ETF by 2.3% in the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock worth $460,000 after purchasing an additional 57 shares in the last quarter. Atlas Brown Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 2.0% during the third quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after purchasing an additional 57 shares during the period. Finally, NorthCrest Asset Manangement LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 4.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock valued at $269,000 after purchasing an additional 58 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 14.6%

Shares of QUAL opened at $202.40 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a 50 day simple moving average of $200.47 and a 200-day simple moving average of $194.23. The stock has a market cap of $58.69 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.