Spire Wealth Management Has $9.51 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Spire Wealth Management lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,000 shares of the company’s stock after selling 16,859 shares during the quarter. Spire Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $29,000. Cullen Frost Bankers Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after purchasing an additional 80 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $37,000. CX Institutional grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares in the last quarter. Finally, BankPlus Trust Department grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 12.2%

Shares of BATS:QUAL opened at $198.17 on Thursday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The firm has a market capitalization of $57.46 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $192.66 and its 200-day moving average is $183.50.

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.