Timonier Family Office LTD. Buys Shares of 1,733 iShares MSCI USA Quality Factor ETF $QUAL

Timonier Family Office LTD. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 1,733 shares of the company’s stock, valued at approximately $317,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QUAL. Galvin Gaustad & Stein LLC raised its stake 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 worth $383,000 after buying an additional 54 shares in the last quarter. Global Financial Private Client LLC increased 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 acquiring an additional 60 shares during the period. L. Roy Papp & Associates LLP increased 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 acquiring an additional 60 shares during the period. Benningfield Financial Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the 2nd quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock worth $1,430,000 after acquiring an additional 65 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 10,631 shares of the company’s stock worth $1,944,000 after purchasing an additional 72 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $193.17 on Monday. The stock’s 50-day moving average is $193.54 and its 200 day moving average is $185.26. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company has a market cap of $56.01 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.