MorganRosel Wealth Management LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MorganRosel Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,498 shares of the company’s stock after buying an additional 1,121 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.4% of MorganRosel Wealth Management LLC’s holdings, making the stock its 19th biggest holding. MorganRosel Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock valued at $3,936,223,000 after purchasing an additional 744,380 shares during the period. UBS Group AG boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.9% in the fourth quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock valued at $629,175,000 after purchasing an additional 200,655 shares during the period. Wells Fargo & Company MN boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after purchasing an additional 897,256 shares during the period. M&T Bank Corp boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock valued at $539,416,000 after purchasing an additional 59,771 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock valued at $425,287,000 after acquiring an additional 349,044 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.6 %

Shares of BATS:QUAL opened at $170.76 on Monday. The firm’s 50 day moving average price is $165.56 and its 200 day moving average price is $159.11. The stock has a market cap of $45.06 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.