iShares MSCI USA Quality Factor ETF $QUAL Shares Acquired by Meridian Wealth Management LLC

Meridian Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 49.5% in the third quarter, HoldingsChannel reports. The firm owned 10,020 shares of the company’s stock after buying an additional 3,319 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,949,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QUAL. Brighton Jones LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after acquiring an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $81,990,000. Bison Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after buying an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 14.6%

Shares of BATS:QUAL opened at $202.40 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The firm’s 50 day moving average price is $200.47 and its 200 day moving average price is $194.39. The stock has a market cap of $58.69 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.