Heritage Wealth Management LLC Buys Shares of 2,667 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Heritage Wealth Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 2,667 shares of the company’s stock, valued at approximately $392,000.

Several other hedge funds also recently bought and sold shares of QUAL. Robertson Stephens Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 5.5% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,287 shares of the company’s stock worth $6,226,000 after buying an additional 2,222 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 37.9% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 418,689 shares of the company’s stock worth $61,606,000 after buying an additional 115,177 shares in the last quarter. Triumph Capital Management lifted its position in iShares MSCI USA Quality Factor ETF by 77.9% during the 4th quarter. Triumph Capital Management now owns 18,951 shares of the company’s stock valued at $2,790,000 after purchasing an additional 8,299 shares during the period. Citizens Business Bank bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $390,000. Finally, Alpha Cubed Investments LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 3,245 shares of the company’s stock worth $477,000 after purchasing an additional 191 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL traded up $1.18 during midday trading on Friday, hitting $157.37. The stock had a trading volume of 1,854,575 shares. The company has a 50 day simple moving average of $160.96 and a two-hundred day simple moving average of $150.31. 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 market cap of $41.53 billion, a price-to-earnings 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.