Meridian Wealth Management LLC Buys 242 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Meridian Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,288 shares of the company’s stock after acquiring an additional 242 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,127,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. GAMMA Investing LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 3.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after purchasing an additional 58 shares during the last quarter. Carnegie Investment Counsel boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.5% during the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after buying an additional 61 shares during the last quarter. Procyon Advisors LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after buying an additional 61 shares in the last quarter. Bristlecone Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 0.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock worth $2,912,000 after buying an additional 63 shares during the last quarter. Finally, Columbus Macro LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after acquiring an additional 66 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

Shares of BATS QUAL opened at $182.75 on Friday. The firm’s 50-day moving average price is $180.16 and its 200-day moving average price is $173.87. 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 cap of $48.23 billion, a PE ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.