iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Meridian Wealth Partners LLC’s 8th Largest Position

Meridian Wealth Partners LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.1% in the fourth quarter, Holdings Channel reports. The firm owned 117,193 shares of the company’s stock after selling 90 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.3% of Meridian Wealth Partners LLC’s portfolio, making the stock its 8th biggest position. Meridian Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,244,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares MSCI USA Quality Factor ETF Trading Up 1.3 %

BATS:QUAL traded up $1.97 on Friday, reaching $159.05. The stock had a trading volume of 716,646 shares. The company has a 50-day moving average of $160.95 and a 200 day moving average of $149.80. The stock has a market cap of $41.62 billion, a P/E ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month 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.