Milestone Asset Management Group LLC Takes Position in iShares MSCI USA Quality Factor ETF $QUAL

Milestone Asset Management Group LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,557 shares of the company’s stock, valued at approximately $285,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Galvin Gaustad & Stein LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after buying an additional 54 shares during the period. Global Financial Private Client LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.6% during the second quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after purchasing an additional 60 shares during the last quarter. L. Roy Papp & Associates LLP lifted its stake in iShares MSCI USA Quality Factor ETF by 2.5% during the second quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock worth $450,000 after purchasing an additional 60 shares during the last quarter. Acorn Wealth Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.4% during the first quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock worth $2,466,000 after purchasing an additional 62 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 7.1% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,051 shares of the company’s stock worth $180,000 after purchasing an additional 70 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 12.8%

QUAL stock opened at $199.26 on Wednesday. The business has a 50 day moving average price of $192.44 and a 200 day moving average price of $183.26. The stock has a market cap of $57.78 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26.

iShares MSCI USA Quality Factor ETF 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.