Factor Wealth Management LTD Purchases New Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Factor Wealth Management LTD purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,372 shares of the company’s stock, valued at approximately $520,000.

Other institutional investors have also recently made changes to their positions in the company. Empire Life Investments Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after buying an additional 50 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after buying an additional 52 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 16.5% during the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares during the last quarter. Northwest Financial Advisors increased its holdings 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 worth $279,000 after buying an additional 53 shares during the last quarter. Finally, Signature Equity Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 12.6% during the first quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock worth $94,000 after acquiring an additional 55 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $224.97 on Friday. The stock has a market cap of $65.23 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a fifty day moving average price of $217.40 and a two-hundred day moving average price of $207.96. iShares MSCI USA Quality Factor ETF has a one year low of $183.28 and a one year high of $227.16.

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.