iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Element Wealth LLC

Element Wealth LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 60.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,266 shares of the company’s stock after buying an additional 479 shares during the period. Element Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $225,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in QUAL. Matauro LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $1,876,000. PMG Wealth Management Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $7,151,000. Capital Investment Counsel Inc purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $134,000. Forte Capital LLC ADV increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.9% in the 4th quarter. Forte Capital LLC ADV now owns 214,361 shares of the company’s stock valued at $38,173,000 after acquiring an additional 8,030 shares during the last quarter. Finally, Advyzon Investment Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $396,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.4 %

Shares of QUAL opened at $182.67 on Friday. The company has a market capitalization of $48.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a 50 day moving average price of $181.81 and a 200 day moving average price of $179.78.

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.