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

Maridea Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,536 shares of the company’s stock, valued at approximately $274,000.

Several other hedge funds also recently modified their holdings of QUAL. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after purchasing an additional 2,141,996 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after buying an additional 837,887 shares in the last quarter. M&T Bank Corp increased its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the last quarter. Keybank National Association OH raised its position in iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock worth $705,977,000 after acquiring an additional 64,819 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 0.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock valued at $573,233,000 after acquiring an additional 11,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $169.57 on Friday. The firm has a 50-day moving average of $179.47 and a 200-day moving average of $180.27. The company has a market cap of $48.13 billion, a PE ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26.

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.