Sculati Wealth Management LLC Buys 3,394 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sculati Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,861 shares of the company’s stock after buying an additional 3,394 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.1% of Sculati Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Sculati Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,910,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000. Decker Retirement Planning Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $32,000. Finally, First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $210.45 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $173.00 and a 1 year high of $212.78. The stock has a market cap of $61.02 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a fifty day moving average of $200.79 and a 200-day moving average of $200.21.

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.