Merit Financial Group LLC Purchases 5,474 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Merit Financial Group LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 164,047 shares of the company’s stock after buying an additional 5,474 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 0.7% of Merit Financial Group LLC’s holdings, making the stock its 24th largest holding. Merit Financial Group LLC owned about 0.07% of iShares MSCI USA Quality Factor ETF worth $24,138,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. VisionPoint Advisory Group LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $28,000. NBC Securities Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $26,000. Signaturefd LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1,414.3% during the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock valued at $28,000 after purchasing an additional 198 shares in the last quarter. Finally, Thompson Investment Management Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $34,000.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock traded up $1.82 during trading hours on Friday, reaching $159.19. The stock had a trading volume of 1,411,097 shares. The company has a market cap of $42.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business’s 50 day moving average price is $160.94 and its 200-day moving average price is $150.47. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.