Cherry Tree Wealth Management LLC Raises Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cherry Tree Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.7% in the 4th quarter, HoldingsChannel reports. The firm owned 3,757 shares of the company’s stock after purchasing an additional 203 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $669,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $25,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.4 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $182.67 on Monday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market capitalization of $48.21 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a 50 day moving average of $181.78 and a 200 day moving average of $180.14.

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.