iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the second quarter, HoldingsChannel.com reports. The firm owned 60,750 shares of the company’s stock after buying an additional 3,611 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,106,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Cullen Frost Bankers Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 84.2% during 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 in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in iShares MSCI USA Quality Factor ETF during the first quarter valued at $37,000. CX Institutional grew its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the period. BankPlus Trust Department increased its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares in the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Trading Up 11.2%

QUAL stock opened at $196.47 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The business’s 50-day moving average is $189.31 and its 200 day moving average is $179.63. The stock has a market cap of $56.97 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.