Riverbend Wealth Management LLC Buys Shares of 2,484 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Riverbend Wealth Management LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,484 shares of the company’s stock, valued at approximately $443,000.

Several other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in iShares MSCI USA Quality Factor ETF by 37.2% in the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after acquiring an additional 2,682 shares during the period. Assetmark Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 15.3% in the third quarter. Assetmark Inc. now owns 44,692 shares of the company’s stock worth $8,013,000 after purchasing an additional 5,921 shares in the last quarter. Legacy Capital Wealth Partners LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $312,000. Catalytic Wealth RIA LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4.6% during the third quarter. Catalytic Wealth RIA LLC now owns 4,686 shares of the company’s stock valued at $840,000 after purchasing an additional 207 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 1.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 16,516 shares of the company’s stock valued at $2,961,000 after buying an additional 161 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $172.77 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26. The stock has a market cap of $47.98 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. The stock’s 50 day moving average price is $181.28 and its 200 day moving average price is $180.62.

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.