MGO One Seven LLC Raises Position in iShares MSCI USA Quality Factor ETF $QUAL

MGO One Seven LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 458.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 43,828 shares of the company’s stock after buying an additional 35,986 shares during the quarter. MGO One Seven LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,013,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keener Financial Planning LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $29,000. Cullen Frost Bankers Inc. raised its stake in shares of 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 worth $30,000 after purchasing an additional 80 shares during the last quarter. CX Institutional grew its holdings 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 acquiring an additional 123 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. Finally, BankPlus Trust Department grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after acquiring an additional 90 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 8.1%

QUAL stock opened at $190.99 on Monday. The firm has a market cap of $55.38 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50 day moving average of $190.33 and a 200-day moving average of $180.45. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.