Sovereign Financial Group Inc. Acquires 202 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sovereign Financial Group Inc. increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 13,214 shares of the company’s stock after buying an additional 202 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,416,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Tranquility Partners LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.7% in the 2nd quarter. Tranquility Partners LLC now owns 11,617 shares of the company’s stock worth $2,124,000 after buying an additional 190 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 10.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 70,334 shares of the company’s stock worth $12,858,000 after buying an additional 6,478 shares during the period. Apollon Financial LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 6.5% in the 2nd quarter. Apollon Financial LLC now owns 27,136 shares of the company’s stock worth $4,961,000 after buying an additional 1,654 shares during the period. Apollon Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Apollon Wealth Management LLC now owns 264,863 shares of the company’s stock worth $48,422,000 after buying an additional 5,208 shares during the period. Finally, Keener Financial Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $190.99 on Friday. The company has a market capitalization of $55.38 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a fifty day moving average of $190.33 and a 200 day moving average of $180.41. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26.

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.