Alterna Wealth Management Inc. Has $3.77 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Alterna Wealth Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,027 shares of the company’s stock after acquiring an additional 72 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.4% of Alterna Wealth Management Inc.’s portfolio, making the stock its 9th largest position. Alterna Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,770,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in QUAL. Norden Group LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $413,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 83,118 shares of the company’s stock valued at $13,660,000 after buying an additional 6,730 shares during the period. BNP Paribas Financial Markets boosted its stake in iShares MSCI USA Quality Factor ETF by 389.4% during the first quarter. BNP Paribas Financial Markets now owns 788 shares of the company’s stock valued at $130,000 after buying an additional 627 shares in the last quarter. Financial Counselors Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 7.3% during the first quarter. Financial Counselors Inc. now owns 2,319 shares of the company’s stock valued at $381,000 after buying an additional 158 shares in the last quarter. Finally, 9258 Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 2.5% during the first quarter. 9258 Wealth Management LLC now owns 12,334 shares of the company’s stock worth $2,027,000 after acquiring an additional 301 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.1 %

Shares of BATS QUAL opened at $176.89 on Tuesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a 50-day moving average of $178.18 and a two-hundred day moving average of $171.69. The company has a market capitalization of $46.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.