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

Element Wealth LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 60.9% in the 4th quarter, Holdings Channel reports. 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 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Matauro LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $1,876,000. PMG Wealth Management Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $7,151,000. Capital Investment Counsel Inc acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $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 period. Finally, Advyzon Investment Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $396,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $182.67 on Friday. The company has a market capitalization of $48.21 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company’s fifty day moving average is $181.81 and its two-hundred day moving average is $179.78.

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.