Diversify Wealth Management LLC Has $18.73 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Diversify Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 104,139 shares of the company’s stock after purchasing an additional 4,679 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.7% of Diversify Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Diversify Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $18,729,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in QUAL. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $26,000. Barrett & Company Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $27,000. Unique Wealth Strategies LLC bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $37,000. Opal Wealth Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $41,000. Finally, Headlands Technologies LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth about $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL traded up $0.46 during mid-day trading on Wednesday, hitting $180.55. The company’s stock had a trading volume of 697,241 shares. The stock has a market cap of $47.65 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company’s fifty day simple moving average is $178.12 and its 200-day simple moving average is $171.13. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.