SlateStone Wealth LLC Has $38.71 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

SlateStone Wealth LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,888 shares of the company’s stock after purchasing an additional 7,155 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.2% of SlateStone Wealth LLC’s investment portfolio, making the stock its 4th largest position. SlateStone Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $38,709,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $28,000. Ares Financial Consulting LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000. Decker Retirement Planning Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $32,000. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $217.33 on Friday. The company has a market capitalization of $63.01 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a fifty day moving average price of $205.75 and a two-hundred day moving average price of $202.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $217.65.

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.