Schrum Private Wealth Management LLC Increases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Schrum Private Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,038 shares of the company’s stock after buying an additional 527 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 1.2% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,470,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Clear Creek Financial Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.1% in the 2nd quarter. Clear Creek Financial Management LLC now owns 18,246 shares of the company’s stock valued at $3,336,000 after purchasing an additional 3,665 shares in the last quarter. Dohj LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 78.6% in the 2nd quarter. Dohj LLC now owns 37,091 shares of the company’s stock valued at $6,781,000 after purchasing an additional 16,324 shares in the last quarter. Armbruster Capital Management Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.6% in the 2nd quarter. Armbruster Capital Management Inc. now owns 160,130 shares of the company’s stock valued at $29,275,000 after purchasing an additional 11,265 shares in the last quarter. Financial Life Advisors increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 2nd quarter. Financial Life Advisors now owns 47,262 shares of the company’s stock valued at $8,640,000 after purchasing an additional 1,324 shares in the last quarter. Finally, Detalus Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.6% in the 2nd quarter. Detalus Advisors LLC now owns 129,755 shares of the company’s stock valued at $23,722,000 after purchasing an additional 5,712 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 11.3%

Shares of QUAL opened at $196.68 on Thursday. The company has a 50-day simple moving average of $189.93 and a 200-day simple moving average of $180.20. The company has a market capitalization of $57.03 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

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.