Tempo Wealth LLC Invests $5.27 Million in iShares MSCI USA Quality Factor ETF $QUAL

Tempo Wealth LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 26,537 shares of the company’s stock, valued at approximately $5,271,000. iShares MSCI USA Quality Factor ETF comprises about 0.9% of Tempo Wealth LLC’s investment portfolio, making the stock its 26th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Advocate Investing Services LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $25,000. Resources Management Corp CT ADV bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.7%

Shares of QUAL opened at $215.89 on Friday. The business’s fifty day simple moving average is $210.49 and its two-hundred day simple moving average is $203.56. iShares MSCI USA Quality Factor ETF has a 12 month low of $175.20 and a 12 month high of $219.82. The company has a market cap of $62.60 billion, a price-to-earnings 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.