iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Boosted by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,577 shares of the company’s stock after purchasing an additional 684 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,020,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Halpern Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $26,000. Barrett & Company Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $184.65 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a market capitalization of $48.73 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a 50 day simple moving average of $181.67 and a 200 day simple moving average of $177.98.

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.