Legacy Wealth Managment LLC ID Buys Shares of 218 iShares MSCI USA Quality Factor ETF $QUAL

Legacy Wealth Managment LLC ID bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 218 shares of the company’s stock, valued at approximately $37,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cullen Frost Bankers Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after purchasing an additional 80 shares during the last quarter. Mascagni Wealth Management Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $36,000. Morse Asset Management Inc acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $43,000. BankPlus Trust Department boosted its holdings in iShares MSCI USA Quality Factor ETF by 58.4% in the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after purchasing an additional 90 shares during the last quarter. Finally, Cheviot Value Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at about $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $189.10 on Friday. The company’s 50-day moving average is $186.07 and its two-hundred day moving average is $177.66. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The firm has a market capitalization of $54.83 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

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.