iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Meridian Wealth Partners LLC’s 10th Largest Position

Meridian Wealth Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 110,758 shares of the company’s stock after purchasing an additional 1,260 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 3.0% of Meridian Wealth Partners LLC’s holdings, making the stock its 10th largest holding. Meridian Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,724,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Rosenberg Matthew Hamilton lifted its holdings in shares of 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 worth $221,000 after acquiring an additional 59 shares during the last quarter. Bristlecone Advisors LLC raised its position in 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 purchasing an additional 59 shares during the period. Sheridan Capital Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.6% in the fourth 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 during the last quarter. Citizens Financial Group Inc. RI lifted its stake in iShares MSCI USA Quality Factor ETF by 3.2% in the third quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock worth $390,000 after purchasing an additional 67 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.0% in the fourth quarter. HB Wealth Management LLC now owns 7,033 shares of the company’s stock worth $1,253,000 after buying an additional 72 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 2.9 %

QUAL opened at $171.60 on Friday. The business’s 50-day moving average price is $179.96 and its 200-day moving average price is $180.24. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26. The company has a market cap of $48.71 billion, a P/E ratio of 26.45 and a beta of 1.04.

iShares MSCI USA Quality Factor ETF 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.