Richardson Capital Management LLC Takes $60,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Richardson Capital Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 1st quarter, HoldingsChannel reports. The firm acquired 365 shares of the company’s stock, valued at approximately $60,000.

Other large investors have also recently bought and sold shares of the company. Baystate Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.2% in the 4th quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock valued at $24,914,000 after acquiring an additional 1,997 shares during the period. Millington Financial Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock valued at $2,863,000 after buying an additional 296 shares in the last quarter. Mather Group LLC. increased its stake in iShares MSCI USA Quality Factor ETF by 111.8% during the 4th quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock valued at $730,000 after buying an additional 2,618 shares during the period. Spire Wealth Management raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the 4th quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock worth $14,110,000 after buying an additional 4,236 shares in the last quarter. Finally, MA Private Wealth lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 50.6% in the 4th quarter. MA Private Wealth now owns 272,596 shares of the company’s stock worth $40,110,000 after acquiring an additional 91,571 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL traded down $0.98 during mid-day trading on Friday, reaching $170.76. 1,007,535 shares of the company traded hands. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market cap of $45.06 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a fifty day simple moving average of $165.56 and a 200-day simple moving average of $159.03.

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.