Green Ridge Wealth Planning LLC Buys Shares of 42,626 iShares MSCI USA Quality Factor ETF $QUAL

Green Ridge Wealth Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 42,626 shares of the company’s stock, valued at approximately $8,466,000. iShares MSCI USA Quality Factor ETF accounts for approximately 4.3% of Green Ridge Wealth Planning LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in QUAL. Rubicon Advisors GP acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $213,000. Corient Private Wealth LLC raised its stake in iShares MSCI USA Quality Factor ETF by 2.7% during the fourth quarter. Corient Private Wealth LLC now owns 664,974 shares of the company’s stock worth $132,081,000 after acquiring an additional 17,366 shares in the last quarter. Union Savings Bank acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $116,000. Hsbc Holdings PLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.0% during the fourth quarter. Hsbc Holdings PLC now owns 37,378 shares of the company’s stock valued at $7,424,000 after acquiring an additional 2,778 shares during the period. Finally, Storen Legacy Partners LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $1,115,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $215.89 on Friday. The company’s fifty day moving average is $210.83 and its 200-day moving average is $203.64. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $219.82. The company has a market capitalization of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05.

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.