iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Alterna Wealth Management Inc.

Alterna Wealth Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,094 shares of the company’s stock after acquiring an additional 1,067 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.3% of Alterna Wealth Management Inc.’s holdings, making the stock its 8th largest position. Alterna Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,934,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of QUAL. Barrett & Company Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000. Finally, MGB Wealth Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Trading Up 3.8 %

Shares of BATS QUAL opened at $183.34 on Monday. The company has a market capitalization of $48.38 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a 50 day moving average of $182.04 and a 200-day moving average of $178.45.

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.