FSR Wealth Management Ltd. Invests $548,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FSR Wealth Management Ltd. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 3,075 shares of the company’s stock, valued at approximately $548,000. iShares MSCI USA Quality Factor ETF comprises approximately 0.7% of FSR Wealth Management Ltd.’s holdings, making the stock its 23rd largest holding.

Other large investors have also modified their holdings of the company. Elevate Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $1,373,000. Savant Capital LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Savant Capital LLC now owns 494,941 shares of the company’s stock worth $88,139,000 after purchasing an additional 3,933 shares during the period. Activest Wealth Management boosted its position in iShares MSCI USA Quality Factor ETF by 58.0% during the 4th quarter. Activest Wealth Management now owns 643 shares of the company’s stock valued at $115,000 after purchasing an additional 236 shares during the period. Kestra Private Wealth Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 25.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 204,777 shares of the company’s stock valued at $36,467,000 after purchasing an additional 42,146 shares during the period. Finally, Financial Life Advisors grew its stake in iShares MSCI USA Quality Factor ETF by 0.5% during the 4th quarter. Financial Life Advisors now owns 45,838 shares of the company’s stock worth $8,163,000 after buying an additional 211 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $182.89 on Monday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a market capitalization of $48.26 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock’s fifty day moving average is $181.94 and its two-hundred day moving average is $178.84.

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.