Meridian Wealth Partners LLC Sells 2,324 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Meridian Wealth Partners LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 110,775 shares of the company’s stock after selling 2,324 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 3.0% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest position. Meridian Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,002,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Advocate Investing Services LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $25,000. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $25,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $30,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $32,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

QUAL stock opened at $216.91 on Friday. The firm has a 50 day moving average of $208.62 and a 200-day moving average of $202.94. iShares MSCI USA Quality Factor ETF has a 12 month low of $175.20 and a 12 month high of $217.65. The firm has a market capitalization of $62.89 billion, a P/E ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

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.