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 iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 177 shares of the company’s stock, valued at approximately $32,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 37.2% during the third quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after purchasing an additional 2,682 shares during the period. Galvin Gaustad & Stein LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 1,734 shares of the company’s stock valued at $311,000 after buying an additional 84 shares in the last quarter. Assetmark Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 15.3% in the 3rd quarter. Assetmark Inc. now owns 44,692 shares of the company’s stock worth $8,013,000 after buying an additional 5,921 shares during the period. Objective Capital Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $223,000. Finally, Atria Investments Inc raised its holdings in iShares MSCI USA Quality Factor ETF by 2.6% during the 3rd quarter. Atria Investments Inc now owns 266,215 shares of the company’s stock valued at $47,732,000 after acquiring an additional 6,737 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $177.06 on Monday. The firm has a market capitalization of $49.17 billion, a P/E ratio of 28.36 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. The business has a fifty day moving average price of $181.44 and a 200-day moving average price of $180.64.

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.