Tyche Wealth Partners LLC Invests $1.03 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tyche Wealth Partners LLC acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,010 shares of the company’s stock, valued at approximately $1,031,000.

Several other institutional investors have also recently modified their holdings of QUAL. BlackRock Inc. raised its position in iShares MSCI USA Quality Factor ETF by 145.7% during the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock valued at $847,564,000 after acquiring an additional 4,051,296 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $337,131,000. JPMorgan Chase & Co. raised its position in iShares MSCI USA Quality Factor ETF by 252.1% during the first quarter. JPMorgan Chase & Co. now owns 2,913,485 shares of the company’s stock valued at $361,461,000 after acquiring an additional 2,085,944 shares in the last quarter. FMR LLC raised its position in iShares MSCI USA Quality Factor ETF by 6.7% during the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after acquiring an additional 923,875 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares MSCI USA Quality Factor ETF by 75.7% during the third quarter. Bank of New York Mellon Corp now owns 2,047,250 shares of the company’s stock valued at $269,807,000 after acquiring an additional 882,291 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded up $0.15 during trading on Tuesday, hitting $158.32. 1,218,401 shares of the company traded hands. The stock’s 50-day simple moving average is $160.88 and its 200 day simple moving average is $148.36. The company has a market cap of $41.42 billion, a PE ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.