Maridea Wealth Management LLC Invests $274,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Maridea Wealth Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 1,536 shares of the company’s stock, valued at approximately $274,000.

Several other large investors have also recently bought and sold shares of QUAL. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $25,000. BankPlus Trust Department acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $27,000. Rialto Wealth Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $32,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $32,000. Finally, Whittier Trust Co. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 63.1% in the fourth quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 4.0 %

Shares of QUAL opened at $169.57 on Friday. The firm’s 50 day moving average is $179.47 and its 200-day moving average is $180.27. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26. The stock has a market capitalization of $48.13 billion, a PE ratio of 26.45 and a beta of 1.04.

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.