Tempo Wealth LLC Invests $5.27 Million in iShares MSCI USA Quality Factor ETF $QUAL

Tempo Wealth LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 26,537 shares of the company’s stock, valued at approximately $5,271,000. iShares MSCI USA Quality Factor ETF comprises approximately 0.9% of Tempo Wealth LLC’s investment portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $27,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $215.89 on Friday. The firm has a market capitalization of $62.60 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $219.82. The business has a fifty day moving average of $210.49 and a 200 day moving average of $203.56.

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