Nordwand Advisors LLC Makes New $239,000 Investment in iShares MSCI USA Quality Factor ETF $QUAL

Nordwand Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,308 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Galvin Gaustad & Stein LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after purchasing an additional 54 shares during the last quarter. Global Financial Private Client LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock valued at $1,955,000 after buying an additional 60 shares during the period. L. Roy Papp & Associates LLP lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after buying an additional 60 shares during the period. Benningfield Financial Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the second quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock worth $1,430,000 after buying an additional 65 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 10,631 shares of the company’s stock worth $1,944,000 after acquiring an additional 72 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 8.2%

Shares of QUAL stock opened at $191.11 on Wednesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The stock has a market cap of $55.41 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average of $194.29 and a 200 day moving average of $186.53.

iShares MSCI USA Quality Factor ETF Company 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.