Golden State Wealth Management LLC Acquires 7,022 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Golden State Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,317 shares of the company’s stock after purchasing an additional 7,022 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.8% of Golden State Wealth Management LLC’s holdings, making the stock its 25th largest holding. Golden State Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,352,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. IHT Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.9% in the 4th quarter. IHT Wealth Management LLC now owns 215,653 shares of the company’s stock worth $38,403,000 after acquiring an additional 7,995 shares in the last quarter. Florida Financial Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after acquiring an additional 66 shares in the last quarter. Wells Financial Advisors INC raised its position in shares of iShares MSCI USA Quality Factor ETF by 7.5% in the 4th quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock worth $3,233,000 after acquiring an additional 1,260 shares in the last quarter. PFG Advisors raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the 4th quarter. PFG Advisors now owns 102,691 shares of the company’s stock worth $18,287,000 after acquiring an additional 3,189 shares in the last quarter. Finally, Fullcircle Wealth LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 11.1% in the 4th quarter. Fullcircle Wealth LLC now owns 15,898 shares of the company’s stock worth $2,954,000 after acquiring an additional 1,591 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $185.01 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The firm has a market capitalization of $53.64 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average price of $176.78 and a 200-day moving average price of $176.16.

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.