Fulton Bank N.A. Has $706,000 Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Fulton Bank N.A. raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 60.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,860 shares of the company’s stock after buying an additional 1,460 shares during the quarter. Fulton Bank N.A.’s holdings in iShares MSCI USA Quality Factor ETF were worth $706,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Acorn Wealth Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the 1st quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock worth $2,466,000 after buying an additional 62 shares during the period. Citizens National Bank Trust Department grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 1st quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock worth $445,000 after buying an additional 66 shares during the period. KMG Fiduciary Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 5.4% during the 1st quarter. KMG Fiduciary Partners LLC now owns 1,374 shares of the company’s stock worth $235,000 after buying an additional 70 shares during the period. Quest 10 Wealth Builders Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 7.1% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,051 shares of the company’s stock worth $180,000 after buying an additional 70 shares during the period. Finally, Trust Co. of Vermont grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the 1st quarter. Trust Co. of Vermont now owns 2,447 shares of the company’s stock worth $418,000 after buying an additional 75 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 9.2%

iShares MSCI USA Quality Factor ETF stock opened at $192.82 on Friday. The firm has a market capitalization of $55.91 billion, a P/E 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 has a 50-day moving average of $187.46 and a 200-day moving average of $178.25.

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.