Guided Capital Wealth Management LLC Makes New Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Guided Capital Wealth Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 58,650 shares of the company’s stock, valued at approximately $10,444,000. iShares MSCI USA Quality Factor ETF comprises 9.6% of Guided Capital Wealth Management LLC’s portfolio, making the stock its 2nd biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FMR LLC grew its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after purchasing an additional 519,868 shares during the period. Orgel Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 71.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after purchasing an additional 515,998 shares during the period. Finally, Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $184.38 on Wednesday. The firm has a market cap of $48.66 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm’s 50 day moving average price is $181.90 and its two-hundred day moving average price is $179.03.

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.