Forte Asset Management LLC Has $8.15 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Forte Asset Management LLC decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,367 shares of the company’s stock after selling 646 shares during the period. iShares MSCI USA Quality Factor ETF comprises 5.6% of Forte Asset Management LLC’s portfolio, making the stock its 4th largest holding. Forte Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of QUAL. Kellett Wealth Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $592,000. Fidelis Capital Partners LLC increased its position in iShares MSCI USA Quality Factor ETF by 10.4% in the fourth quarter. Fidelis Capital Partners LLC now owns 34,146 shares of the company’s stock worth $5,024,000 after buying an additional 3,208 shares in the last quarter. Western Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 35.0% during the 4th quarter. Western Wealth Management LLC now owns 46,177 shares of the company’s stock valued at $6,794,000 after buying an additional 11,972 shares in the last quarter. Obermeyer Wood Investment Counsel Lllp increased its holdings in iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Obermeyer Wood Investment Counsel Lllp now owns 541,748 shares of the company’s stock worth $79,713,000 after acquiring an additional 13,671 shares in the last quarter. Finally, Red Tortoise LLC raised its stake in iShares MSCI USA Quality Factor ETF by 0.7% during the 4th quarter. Red Tortoise LLC now owns 39,870 shares of the company’s stock worth $5,866,000 after acquiring an additional 273 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL traded down $0.34 during mid-day trading on Friday, reaching $156.87. The stock had a trading volume of 1,849,417 shares. The business has a fifty day moving average of $160.98 and a 200 day moving average of $148.66. The firm has a market cap of $41.05 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month 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.