BOS Asset Management LLC Purchases 1,228 Shares of iShares MSCI USA Quality Factor ETF $QUAL

BOS Asset Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,144 shares of the company’s stock after purchasing an additional 1,228 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.2% of BOS Asset Management LLC’s portfolio, making the stock its 9th largest position. BOS Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,518,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. Cullen Frost Bankers Inc. increased its position in iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after acquiring an additional 80 shares during the period. Mascagni Wealth Management Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $36,000. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth $37,000. BankPlus Trust Department boosted its stake 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 acquiring an additional 90 shares in the last quarter. Finally, Morse Asset Management Inc purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $43,000.

iShares MSCI USA Quality Factor ETF Stock Up 7.4%

QUAL opened at $189.63 on Thursday. The stock has a fifty day moving average of $186.46 and a 200-day moving average of $177.71. The firm has a market capitalization of $54.98 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.