PUREfi Wealth LLC Makes New $662,000 Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

PUREfi Wealth LLC purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,717 shares of the company’s stock, valued at approximately $662,000.

A number of other large investors have also added to or reduced their stakes in QUAL. FMR LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock worth $93,070,000 after acquiring an additional 519,868 shares during the last quarter. Orgel Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 71.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after acquiring an additional 515,998 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $81,990,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.8 %

Shares of QUAL opened at $185.18 on Friday. The firm’s 50-day moving average price is $181.80 and its 200-day moving average price is $179.22. The firm has a market capitalization of $48.87 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.