Merriman Wealth Management LLC Acquires 6,566 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Merriman Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,384,843 shares of the company’s stock after buying an additional 6,566 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 10.3% of Merriman Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Merriman Wealth Management LLC owned about 0.52% of iShares MSCI USA Quality Factor ETF worth $236,476,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Unique Wealth Strategies LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at $37,000. MCF Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at $37,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $41,000. City State Bank increased its position in shares of iShares MSCI USA Quality Factor ETF by 123.7% during the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after acquiring an additional 141 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $178.40 on Friday. The firm has a 50-day moving average of $172.96 and a 200-day moving average of $167.78. The company has a market cap of $47.08 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year 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.