Merkkuri Wealth Advisors LLC Has $2.49 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Merkkuri Wealth Advisors LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 12,774 shares of the company’s stock after selling 2,663 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.8% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Merkkuri Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,485,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Keener Financial Planning LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter valued at $29,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $33,000. First Horizon Corp bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $36,000. CX Institutional grew its stake in iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the period. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $203.40 on Tuesday. The firm has a market cap of $58.98 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The business’s 50 day moving average price is $198.72 and its two-hundred day moving average price is $193.19.

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