Connable Office Inc. Buys Shares of 98,993 iShares MSCI USA Quality Factor ETF $QUAL

Connable Office Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 98,993 shares of the company’s stock, valued at approximately $18,098,000. iShares MSCI USA Quality Factor ETF makes up approximately 1.8% of Connable Office Inc.’s investment portfolio, making the stock its 12th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $29,000. Cullen Frost Bankers Inc. raised its stake in shares of 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 valued at $30,000 after acquiring an additional 80 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in iShares MSCI USA Quality Factor ETF in the first quarter valued at $37,000. CX Institutional grew its stake in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd 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. Finally, BankPlus Trust Department increased its holdings in iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $196.35 on Monday. The stock has a 50-day simple moving average of $193.01 and a 200-day simple moving average of $184.09. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market capitalization of $56.93 billion, a PE 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.