Merkkuri Wealth Advisors LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Merkkuri Wealth Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 19.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,398 shares of the company’s stock after acquiring an additional 1,500 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.4% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest position. Merkkuri Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,685,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in QUAL. Eagle Ridge Investment Management acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $1,126,000. Dakota Wealth Management raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the third quarter. Dakota Wealth Management now owns 19,215 shares of the company’s stock valued at $3,445,000 after acquiring an additional 493 shares in the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 54.7% during the third quarter. Global Trust Asset Management LLC now owns 2,985 shares of the company’s stock worth $535,000 after purchasing an additional 1,055 shares in the last quarter. Jackson Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 96.8% in the 3rd quarter. Jackson Wealth Management LLC now owns 10,561 shares of the company’s stock valued at $1,894,000 after acquiring an additional 5,195 shares during the last quarter. Finally, Commonwealth Financial Services LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1,587.6% during the third quarter. Commonwealth Financial Services LLC now owns 28,824 shares of the company’s stock worth $5,135,000 after purchasing an additional 27,116 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.1 %

QUAL stock opened at $179.72 on Friday. The stock has a market cap of $47.43 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The business has a 50 day moving average price of $177.84 and a 200 day moving average price of $170.61.

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.