Rialto Wealth Management LLC Invests $32,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Rialto Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 177 shares of the company’s stock, valued at approximately $32,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $25,000. OLD Second National Bank of Aurora bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. BankPlus Trust Department purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $27,000. MGB Wealth Management LLC bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $39,000. Finally, Empowered Funds LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

Shares of QUAL stock opened at $177.06 on Monday. The business has a 50-day moving average price of $181.44 and a two-hundred day moving average price of $180.64. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26. The firm has a market cap of $49.17 billion, a P/E ratio of 28.36 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.