Prasad Wealth Partners LLC Takes $238,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Prasad Wealth Partners LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,339 shares of the company’s stock, valued at approximately $238,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Signaturefd LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares in the last quarter. CENTRAL TRUST Co purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $134,000. First American Bank lifted its holdings in iShares MSCI USA Quality Factor ETF by 8.9% in the 3rd quarter. First American Bank now owns 5,422 shares of the company’s stock worth $972,000 after buying an additional 442 shares in the last quarter. FSA Advisors Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $223,000. Finally, Gemmer Asset Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.0% during the third quarter. Gemmer Asset Management LLC now owns 2,389 shares of the company’s stock valued at $428,000 after acquiring an additional 157 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $181.92 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock’s 50-day simple moving average is $181.78 and its 200-day simple moving average is $180.14. The firm has a market cap of $48.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.