VestGen Advisors LLC Buys 8,517 Shares of iShares MSCI USA Quality Factor ETF $QUAL

VestGen Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 124,973 shares of the company’s stock after buying an additional 8,517 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.9% of VestGen Advisors LLC’s holdings, making the stock its 20th largest position. VestGen Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,109,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in QUAL. BNP Paribas Financial Markets lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the first quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock valued at $462,276,000 after buying an additional 2,705,033 shares during the period. Soundwatch Capital LLC increased its stake in iShares MSCI USA Quality Factor ETF by 72,284.9% during the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after acquiring an additional 2,434,556 shares during the period. Symphony Financial Ltd. Co. raised its holdings in iShares MSCI USA Quality Factor ETF by 4,818.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock valued at $313,849,000 after acquiring an additional 1,681,568 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $305,974,000. Finally, Focus Partners Wealth lifted its position in shares of iShares MSCI USA Quality Factor ETF by 213.6% in the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after acquiring an additional 1,288,398 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 12.2%

Shares of BATS:QUAL opened at $198.23 on Friday. The firm has a market capitalization of $57.48 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The business’s 50 day moving average is $194.79 and its 200-day moving average is $187.65.

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.