Riverchase Wealth Management LLC Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Riverchase 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 SEC. The fund acquired 7,149 shares of the company’s stock, valued at approximately $1,273,000. iShares MSCI USA Quality Factor ETF comprises 1.0% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding.

A number of other large investors have also recently bought and sold shares of the business. Wells Financial Advisors INC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.5% during the 4th quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock worth $3,233,000 after acquiring an additional 1,260 shares in the last quarter. Ellis Investment Partners LLC boosted its position in iShares MSCI USA Quality Factor ETF by 13.1% during the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after purchasing an additional 1,481 shares during the period. PFG Advisors raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the fourth quarter. PFG Advisors now owns 102,691 shares of the company’s stock valued at $18,287,000 after purchasing an additional 3,189 shares during the period. Foundry Financial Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the fourth quarter. Foundry Financial Group Inc. now owns 37,695 shares of the company’s stock worth $6,713,000 after buying an additional 239 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.2% during the 4th quarter. Farther Finance Advisors LLC now owns 177,047 shares of the company’s stock worth $31,528,000 after buying an additional 17,845 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 2.0 %

BATS:QUAL opened at $173.18 on Friday. The firm has a market capitalization of $49.16 billion, a PE ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1 year low of $154.17 and a 1 year high of $187.26. The firm’s fifty day simple moving average is $179.70 and its 200 day simple moving average is $180.24.

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.