Coordinated Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,359 shares of the company’s stock, valued at approximately $980,000.
A number of other hedge funds have also recently bought and sold shares of QUAL. Cullen Frost Bankers Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after purchasing an additional 80 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new position in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. CX Institutional grew its stake in 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 in the last quarter. BankPlus Trust Department boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after acquiring an additional 90 shares during the period. Finally, First Command Advisory Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $43,000.
iShares MSCI USA Quality Factor ETF Trading Up 10.7%
Shares of BATS QUAL opened at $195.62 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 stock has a 50 day moving average of $190.16 and a 200-day moving average of $180.30. The company has a market capitalization of $56.72 billion, a P/E ratio of 25.59 and a beta of 1.05.
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.
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