ARS Wealth Advisors Group LLC Has $23.86 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ARS Wealth Advisors Group LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 162,167 shares of the company’s stock after acquiring an additional 14,964 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.5% of ARS Wealth Advisors Group LLC’s portfolio, making the stock its 6th largest position. ARS Wealth Advisors Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,861,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in QUAL. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $337,131,000. FMR LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after buying an additional 923,875 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 75.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,047,250 shares of the company’s stock worth $269,807,000 after buying an additional 882,291 shares during the last quarter. TIAA Trust National Association purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $83,377,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $66,650,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.2 %

Shares of iShares MSCI USA Quality Factor ETF stock traded up $1.82 on Friday, reaching $159.19. The stock had a trading volume of 1,411,118 shares. The company has a 50 day moving average price of $160.94 and a 200 day moving average price of $150.57. 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 $42.01 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.