Moulton Wealth Management Inc. Purchases Shares of 5,518 iShares MSCI USA Quality Factor ETF $QUAL

Moulton Wealth Management Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the second quarter, Holdings Channel reports. The institutional investor acquired 5,518 shares of the company’s stock, valued at approximately $1,210,000. iShares MSCI USA Quality Factor ETF comprises about 0.8% of Moulton Wealth Management Inc.’s portfolio, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.4%

QUAL stock opened at $224.83 on Wednesday. The firm has a market cap of $65.19 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s fifty day simple moving average is $217.03 and its 200 day simple moving average is $207.66. iShares MSCI USA Quality Factor ETF has a 12-month low of $183.28 and a 12-month high of $225.35.

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.