Marino Stram & Associates LLC Acquires 3,118 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Marino Stram & Associates LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.9% during the third quarter, HoldingsChannel.com reports. The firm owned 27,312 shares of the company’s stock after acquiring an additional 3,118 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.1% of Marino Stram & Associates LLC’s holdings, making the stock its 12th biggest holding. Marino Stram & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,897,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Halpern Financial Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $26,000. Unique Wealth Strategies LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $37,000. MCF Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $37,000. Opal Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $41,000. Finally, Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded up $0.81 during midday trading on Monday, reaching $182.42. The company had a trading volume of 558,195 shares. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The stock has a 50 day moving average price of $177.09 and a 200-day moving average price of $170.20. The company has a market capitalization of $48.14 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.