TCI Wealth Advisors Inc. Has $4.20 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TCI Wealth Advisors Inc. trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,563 shares of the company’s stock after selling 533 shares during the period. TCI Wealth Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,196,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. FMR LLC increased 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 purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares in the last quarter. Orgel Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 71.6% during 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. Goldstein Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 11,176.9% during the third quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock worth $50,569,000 after acquiring an additional 279,535 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in iShares MSCI USA Quality Factor ETF by 14.7% in the third quarter. Commonwealth Equity Services LLC now owns 1,744,381 shares of the company’s stock valued at $312,767,000 after acquiring an additional 223,054 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $184.85 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The firm has a market cap of $48.78 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s 50-day moving average is $181.97 and its 200-day moving average is $178.33.

iShares MSCI USA Quality Factor ETF 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.