iShares MSCI USA Quality Factor ETF $QUAL Shares Acquired by Howard Financial Services LTD.

Howard Financial Services LTD. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 513,557 shares of the company’s stock after buying an additional 10,693 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 11.3% of Howard Financial Services LTD.’s portfolio, making the stock its largest position. Howard Financial Services LTD. owned about 0.18% of iShares MSCI USA Quality Factor ETF worth $112,690,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $28,000. Ares Financial Consulting LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 1.4%

Shares of BATS:QUAL opened at $224.83 on Wednesday. The business has a 50-day moving average price of $217.03 and a 200 day moving average price of $207.66. The company has a market capitalization of $65.19 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $183.28 and a 12-month high of $225.35.

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