iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by Keystone Financial Services

Keystone Financial Services lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.8% during the second quarter, HoldingsChannel reports. The fund owned 128,858 shares of the company’s stock after purchasing an additional 5,856 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 8.0% of Keystone Financial Services’ holdings, making the stock its 3rd biggest position. Keystone Financial Services’ holdings in iShares MSCI USA Quality Factor ETF were worth $23,558,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Coordinated Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth about $980,000. Flow Traders U.S. LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 412.9% in the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock valued at $10,937,000 after acquiring an additional 51,524 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock worth $11,106,000 after purchasing an additional 3,611 shares during the last quarter. Etesian Wealth Advisors Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 9.9% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock worth $850,000 after purchasing an additional 417 shares during the last quarter. Finally, SlateStone Wealth LLC boosted its position in iShares MSCI USA Quality Factor ETF by 12.4% during the first quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock worth $26,883,000 after purchasing an additional 17,337 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 9.4%

Shares of QUAL stock opened at $193.17 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company has a market cap of $56.01 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $193.54 and its two-hundred day moving average is $184.95.

About iShares MSCI USA Quality Factor ETF

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.