Scissortail Wealth Management LLC Acquires Shares of 71,946 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Scissortail Wealth Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 71,946 shares of the company’s stock, valued at approximately $10,988,000. iShares MSCI USA Quality Factor ETF makes up approximately 3.5% of Scissortail Wealth Management LLC’s portfolio, making the stock its 3rd biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after buying an additional 923,875 shares during the last quarter. BlackRock Inc. lifted its stake 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 worth $847,564,000 after purchasing an additional 4,051,296 shares during the last quarter. M&T Bank Corp lifted its stake in iShares MSCI USA Quality Factor ETF by 3.6% during the third quarter. M&T Bank Corp now owns 3,606,215 shares of the company’s stock worth $475,285,000 after purchasing an additional 124,951 shares during the last quarter. Osaic Holdings Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 4.2% during the second quarter. Osaic Holdings Inc. now owns 3,314,456 shares of the company’s stock worth $447,106,000 after purchasing an additional 134,554 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 12.1% during the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after purchasing an additional 349,044 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL traded up $0.15 during trading hours on Tuesday, hitting $158.32. 1,218,401 shares of the stock were exchanged. The stock has a 50-day simple moving average of $160.88 and a 200-day simple moving average of $148.36. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market cap of $41.42 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04.

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.