BridgePort Financial Solutions LLC Purchases 448 Shares of iShares MSCI USA Quality Factor ETF $QUAL

BridgePort Financial Solutions LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,802 shares of the company’s stock after purchasing an additional 448 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.3% of BridgePort Financial Solutions LLC’s holdings, making the stock its 20th largest position. BridgePort Financial Solutions LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,803,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cullen Frost Bankers Inc. grew its stake 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 buying an additional 80 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new position in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at about $37,000. CX Institutional grew its stake in iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after buying an additional 123 shares during the last quarter. BankPlus Trust Department grew its stake 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 buying an additional 90 shares during the last quarter. Finally, First Command Advisory Services Inc. 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 Stock Performance

Shares of QUAL opened at $196.47 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The firm has a market cap of $56.97 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm’s 50-day simple moving average is $189.31 and its 200 day simple moving average is $179.63.

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.