iShares MSCI USA Quality Factor ETF $QUAL Shares Acquired by Howard Financial Services LTD.

Howard Financial Services LTD. grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 513,557 shares of the company’s stock after acquiring an additional 10,693 shares during the period. iShares MSCI USA Quality Factor ETF makes up 11.3% of Howard Financial Services LTD.’s portfolio, making the stock its biggest holding. Howard Financial Services LTD.’s holdings in iShares MSCI USA Quality Factor ETF were worth $112,690,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of QUAL. WealthBridge Capital Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after acquiring an additional 50 shares during the period. Empire Life Investments Inc. grew its position in iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after acquiring an additional 50 shares in the last quarter. Sunbelt Securities Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 1.4% during the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after purchasing an additional 52 shares during the period. First Command Advisory Services Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 16.5% during the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares during the period. Finally, Northwest Financial Advisors lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.8% during the first quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after purchasing an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $224.83 on Wednesday. The company’s 50-day simple moving average is $217.03 and its 200-day simple moving average is $207.66. iShares MSCI USA Quality Factor ETF has a 1 year low of $183.28 and a 1 year high of $225.35. The stock has a market capitalization of $65.19 billion, a PE 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.