iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 78.4% in the fourth quarter, Holdings Channel reports. The fund owned 195,989 shares of the company’s stock after purchasing an additional 86,138 shares during the period. Merit Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $34,902,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Halpern Financial Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $26,000. Barrett & Company Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. Finally, Centennial Bank AR purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $180.68 on Friday. The firm has a 50-day simple moving average of $181.78 and a two-hundred day simple moving average of $177.74. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The stock has a market cap 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.