Walkner Condon Financial Advisors LLC Takes Position in iShares MSCI USA Quality Factor ETF $QUAL

Walkner Condon Financial Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 1,167 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors have also modified their holdings of the stock. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $29,000. Cullen Frost Bankers Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the first 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 last quarter. CX Institutional raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. Finally, BankPlus Trust Department boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after acquiring an additional 90 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $193.17 on Friday. The stock has a 50 day moving average price of $193.54 and a 200 day moving average price of $184.95. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The stock has a market capitalization of $56.01 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.