Waverly Advisors LLC Has $25.76 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Waverly Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 56.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 134,311 shares of the company’s stock after acquiring an additional 48,585 shares during the quarter. Waverly Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,762,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Two Sigma Investments LP raised its stake in iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after purchasing an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 403.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after purchasing an additional 887,478 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 79.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after purchasing an additional 778,465 shares during the period. Heck Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $81,990,000. Finally, Orion Porfolio Solutions LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 298.3% during the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after purchasing an additional 406,488 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.4%

BATS QUAL opened at $216.81 on Friday. The company has a market cap of $62.86 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50 day moving average of $216.10 and a 200-day moving average of $206.81. iShares MSCI USA Quality Factor ETF has a 1-year low of $181.65 and a 1-year high of $221.16.

iShares MSCI USA Quality Factor ETF Company 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.