Thrive Wealth Management LLC Buys 772 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Thrive Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 13,802 shares of the company’s stock after acquiring an additional 772 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 0.4% of Thrive Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Thrive Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. FMR LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth about $108,645,000. Finally, Orgel Wealth Management LLC increased its stake in 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 worth $221,757,000 after buying an additional 515,998 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $180.68 on Monday. The stock has a market cap of $47.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm has a 50-day moving average of $181.78 and a two-hundred day moving average of $177.82. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.