Maripau Wealth Management LLC Has $1.94 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Maripau Wealth Management LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 26.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 9,952 shares of the company’s stock after selling 3,542 shares during the period. Maripau Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,936,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $28,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $33,000. First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $36,000. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $196.98 on Tuesday. The firm has a market cap of $57.11 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $205.65. The business’s 50 day moving average price is $202.34 and its two-hundred day moving average price is $197.77.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.