iShares MSCI USA Quality Factor ETF $QUAL is Sax Wealth Advisors LLC’s 4th Largest Position

Sax Wealth Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 465,970 shares of the company’s stock after purchasing an additional 5,317 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 3.8% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Sax Wealth Advisors LLC owned about 0.16% of iShares MSCI USA Quality Factor ETF worth $102,248,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Advocate Investing Services LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $27,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $225.69 on Friday. The firm has a fifty day moving average price of $217.61 and a 200 day moving average price of $208.08. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $184.60 and a fifty-two week high of $227.16. The firm has a market cap of $65.44 billion, a PE ratio of 25.59 and a beta of 1.05.

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.