Retirement Wealth Solutions LLC Purchases Shares of 13,279 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Retirement Wealth Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,279 shares of the company’s stock, valued at approximately $2,342,000. iShares MSCI USA Quality Factor ETF makes up approximately 2.0% of Retirement Wealth Solutions LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $26,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 2.3 %

Shares of QUAL opened at $180.68 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a 50-day simple moving average of $181.78 and a 200-day simple moving average of $177.74. The company has a market capitalization of $47.68 billion, a PE ratio of 23.03 and a beta of 1.03.

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.