iShares MSCI USA Quality Factor ETF $QUAL Holdings Increased by Clear Wave Wealth Management LLC

Clear Wave Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 73,185 shares of the company’s stock after purchasing an additional 21,594 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.8% of Clear Wave Wealth Management LLC’s holdings, making the stock its 6th largest position. Clear Wave Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,265,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Syntax Research Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. Syntax Research Inc. now owns 40,577 shares of the company’s stock worth $9,018,000 after purchasing an additional 2,397 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $52,000. Almanack Investment Partners LLC. boosted its position in iShares MSCI USA Quality Factor ETF by 1.8% in the third quarter. Almanack Investment Partners LLC. now owns 12,841 shares of the company’s stock valued at $2,854,000 after buying an additional 225 shares in the last quarter. Euro Pacific Asset Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $357,000. Finally, Edgemoor Investment Advisors Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $106,000.

iShares MSCI USA Quality Factor ETF Trading Up 2.2%

BATS QUAL opened at $56.04 on Tuesday. The firm has a market cap of $48.58 billion, a price-to-earnings ratio of 25.60 and a beta of 1.00. iShares MSCI USA Quality Factor ETF has a 1-year low of $46.47 and a 1-year high of $57.03. The company has a 50 day moving average of $55.77 and a 200-day moving average of $53.29.

iShares MSCI USA Quality Factor ETF Company 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.