Palatine Hill Wealth Management LLC Purchases New Position in iShares MSCI USA Quality Factor ETF $QUAL

Palatine Hill Wealth Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,881 shares of the company’s stock, valued at approximately $572,000. iShares MSCI USA Quality Factor ETF comprises approximately 0.5% of Palatine Hill Wealth Management LLC’s portfolio, making the stock its 22nd largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $25,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $30,000. Decker Retirement Planning Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $32,000. Finally, Ransom Advisory Ltd purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $215.78 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $175.20 and a 1-year high of $216.44. The stock has a market cap of $62.57 billion, a PE ratio of 25.59 and a beta of 1.05. The firm has a fifty day moving average price of $204.36 and a 200 day moving average price of $201.61.

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