Dynasty Wealth Management LLC Acquires 298,402 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Dynasty Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 132.3% during the 4th quarter, HoldingsChannel reports. The firm owned 523,946 shares of the company’s stock after purchasing an additional 298,402 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.6% of Dynasty Wealth Management LLC’s holdings, making the stock its 18th biggest position. Dynasty Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $93,304,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Voisard Asset Management Group Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. BankPlus Trust Department acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $178.93 on Friday. 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 $49.69 billion, a PE ratio of 28.36 and a beta of 1.04. The company has a 50 day moving average price of $181.72 and a two-hundred day moving average price of $180.34.

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.