Wealth Alliance LLC Buys 4,226 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Wealth Alliance LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,631 shares of the company’s stock after buying an additional 4,226 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.2% of Wealth Alliance LLC’s investment portfolio, making the stock its 14th largest position. Wealth Alliance LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,013,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Advocate Investing Services LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Resources Management Corp CT ADV bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.4%

Shares of BATS:QUAL opened at $216.81 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $181.65 and a 12 month high of $221.16. The company has a market capitalization of $62.86 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s 50-day moving average is $216.10 and its 200 day moving average is $206.81.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.