TrueWealth Financial Partners Buys New Stake in iShares MSCI USA Quality Factor ETF $QUAL

TrueWealth Financial Partners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,887 shares of the company’s stock, valued at approximately $746,000. iShares MSCI USA Quality Factor ETF comprises 0.3% of TrueWealth Financial Partners’ investment portfolio, making the stock its 28th largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. WealthBridge Capital Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares during the last quarter. Empire Life Investments Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 1.4% during the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after acquiring an additional 52 shares during the period. First Command Advisory Services Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares during the period. Finally, Northwest Financial Advisors grew its position in iShares MSCI USA Quality Factor ETF by 3.8% during the first quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock valued at $279,000 after buying an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.4%

BATS:QUAL opened at $218.92 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.65 and a 52 week high of $221.16. The stock’s 50-day moving average price is $216.60 and its 200-day moving average price is $207.26. The stock has a market capitalization of $63.48 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.