Meridian Wealth Partners LLC Has $22 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Meridian Wealth Partners LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,775 shares of the company’s stock after selling 2,324 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 3.0% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest holding. Meridian Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in QUAL. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $25,000. Advocate Investing Services LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $25,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $30,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $32,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $216.91 on Friday. The firm has a 50-day moving average of $208.62 and a 200-day moving average of $202.94. The company has a market cap of $62.89 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $217.65.

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.