Bay Harbor Wealth Management LLC Grows Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bay Harbor Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,414 shares of the company’s stock after buying an additional 3,186 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 3.4% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. Bay Harbor Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,402,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of QUAL. Signaturefd LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares during the period. CreativeOne Wealth LLC lifted its position in iShares MSCI USA Quality Factor ETF by 43.4% during the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after buying an additional 76,472 shares during the period. Midwest Heritage Bank FSB boosted its stake in iShares MSCI USA Quality Factor ETF by 1.7% in the 3rd quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after buying an additional 199 shares during the last quarter. Quotient Wealth Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 2.3% in the 3rd quarter. Quotient Wealth Partners LLC now owns 8,866 shares of the company’s stock valued at $1,590,000 after buying an additional 200 shares during the period. Finally, Armstrong Advisory Group Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 28.3% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock valued at $120,000 after acquiring an additional 148 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $182.31 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm’s 50-day simple moving average is $182.04 and its 200-day simple moving average is $178.49. The firm has a market cap of $48.11 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.