Allegiance Financial Group Advisory Services LLC Buys New Shares in iShares MSCI USA Quality Factor ETF $QUAL

Allegiance Financial Group Advisory Services LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,728 shares of the company’s stock, valued at approximately $316,000.

A number of other large investors also recently modified their holdings of the company. Global Financial Private Client LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.6% during the second quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after buying an additional 60 shares during the period. Acorn Wealth Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 0.4% during the first quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock valued at $2,466,000 after acquiring an additional 62 shares during the last quarter. Citizens National Bank Trust Department lifted its position in iShares MSCI USA Quality Factor ETF by 2.6% during the first quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock valued at $445,000 after acquiring an additional 66 shares during the last quarter. Quest 10 Wealth Builders Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 7.1% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,051 shares of the company’s stock valued at $180,000 after acquiring an additional 70 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its position 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 valued at $1,944,000 after acquiring an additional 72 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 11.3%

BATS:QUAL opened at $196.68 on Thursday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The firm has a 50 day moving average of $189.93 and a 200 day moving average of $180.20. The stock has a market capitalization of $57.03 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.