PUREfi Wealth LLC Purchases 1,068 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

PUREfi Wealth LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,785 shares of the company’s stock after acquiring an additional 1,068 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 0.8% of PUREfi Wealth LLC’s investment portfolio, making the stock its 26th biggest holding. PUREfi Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $818,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Tallon Kerry Patrick purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $334,000. Brighton Jones LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $81,990,000. Empowered Funds LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $40,000. Finally, Strategic Financial Concepts LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 23.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,404 shares of the company’s stock valued at $606,000 after purchasing an additional 639 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $177.80 on Wednesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The firm’s fifty day moving average is $172.66 and its 200 day moving average is $176.54. The stock has a market cap of $51.32 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05.

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.