7,149 Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Bought by Riverchase Wealth Management LLC

Riverchase Wealth Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, HoldingsChannel reports. The fund purchased 7,149 shares of the company’s stock, valued at approximately $1,273,000. iShares MSCI USA Quality Factor ETF accounts for 1.0% of Riverchase Wealth Management LLC’s portfolio, making the stock its 21st largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Howe & Rusling Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.6% in the fourth quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock valued at $138,000 after buying an additional 55 shares during the period. Rosenberg Matthew Hamilton raised its holdings in iShares MSCI USA Quality Factor ETF by 5.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after acquiring an additional 59 shares in the last quarter. Bristlecone Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after acquiring an additional 59 shares during the period. Sheridan Capital Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock worth $2,054,000 after purchasing an additional 66 shares in the last quarter. Finally, Florida Financial Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock valued at $412,000 after purchasing an additional 66 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 2.0 %

Shares of BATS QUAL opened at $173.18 on Friday. The firm has a market capitalization of $49.16 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26. The business has a fifty day simple moving average of $179.70 and a 200 day simple moving average of $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.