Asempa Wealth Advisors Takes Position in iShares MSCI USA Quality Factor ETF $QUAL

Asempa Wealth Advisors bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,114 shares of the company’s stock, valued at approximately $2,208,000. iShares MSCI USA Quality Factor ETF accounts for approximately 1.9% of Asempa Wealth Advisors’ portfolio, making the stock its 13th largest holding.

Other hedge funds have also bought and sold shares of the company. Baker Tilly Wealth Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $249,000. Fulton Bank N.A. grew its holdings in iShares MSCI USA Quality Factor ETF by 29.6% in the fourth quarter. Fulton Bank N.A. now owns 5,004 shares of the company’s stock valued at $994,000 after purchasing an additional 1,144 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 344,822 shares of the company’s stock valued at $69,968,000 after purchasing an additional 1,028 shares during the period. Maridea Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.7% in the fourth quarter. Maridea Wealth Management LLC now owns 5,323 shares of the company’s stock valued at $1,057,000 after buying an additional 138 shares in the last quarter. Finally, Orgel Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after buying an additional 44,952 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $191.89 on Monday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $205.65. The company has a market cap of $55.64 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day simple moving average of $201.66 and a 200-day simple moving average of $197.93.

iShares MSCI USA Quality Factor ETF 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.