Wealth Alliance LLC Has $21.30 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Wealth Alliance LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,521 shares of the company’s stock after acquiring an additional 5,151 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 2.4% of Wealth Alliance LLC’s investment portfolio, making the stock its 7th largest position. Wealth Alliance LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,302,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after purchasing an additional 624,581 shares during the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.8% during the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock valued at $3,107,915,000 after purchasing an additional 1,318,823 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI USA Quality Factor ETF by 5.8% during the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after buying an additional 380,904 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares MSCI USA Quality Factor ETF by 6.7% in the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after buying an additional 324,478 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock valued at $619,236,000 after buying an additional 64,226 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $196.40 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The business’s fifty day moving average is $193.85 and its two-hundred day moving average is $185.66. The stock has a market capitalization of $56.95 billion, a P/E ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

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.