iShares MSCI USA Quality Factor ETF $QUAL Stake Boosted by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 86,441 shares of the company’s stock after buying an additional 1,274 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 4.4% of Kraft Davis & Associates LLC’s holdings, making the stock its 4th largest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,146,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of QUAL. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $29,000. Cullen Frost Bankers Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after purchasing an additional 80 shares during the period. CX Institutional raised its holdings in iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in iShares MSCI USA Quality Factor ETF during the first quarter valued at $37,000. Finally, BankPlus Trust Department lifted its position in iShares MSCI USA Quality Factor ETF by 58.4% during the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after buying an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $192.20 on Friday. The firm’s 50-day moving average price is $191.00 and its 200-day moving average price is $180.97. The company has a market capitalization of $55.73 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.