Golden State Wealth Management LLC Buys New Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Golden State Wealth Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 24,295 shares of the company’s stock, valued at approximately $4,327,000.

Other large investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after purchasing an additional 76,472 shares during the last quarter. Midwest Heritage Bank FSB grew its position in iShares MSCI USA Quality Factor ETF by 1.7% during the 3rd quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after purchasing an additional 199 shares during the period. Quotient Wealth Partners LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 3rd quarter. Quotient Wealth Partners LLC now owns 8,866 shares of the company’s stock valued at $1,590,000 after buying an additional 200 shares during the last quarter. Finally, Armstrong Advisory Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 28.3% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock valued at $120,000 after buying an additional 148 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 4.4 %

Shares of QUAL opened at $184.36 on Friday. The company has a market capitalization of $48.65 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock’s 50-day moving average price is $181.98 and its 200-day moving average price is $178.69.

About iShares MSCI USA Quality Factor ETF

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.