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

Howard Financial Services LTD. boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 505,170 shares of the company’s stock after buying an additional 8,224 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 12.0% of Howard Financial Services LTD.’s holdings, making the stock its biggest holding. Howard Financial Services LTD.’s holdings in iShares MSCI USA Quality Factor ETF were worth $98,256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. CoreFirst Bank & Trust bought a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $33,000. CX Institutional grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $40,000. Finally, Total Investment Management Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $42,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $201.95 on Thursday. The company has a market cap of $58.55 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a fifty day moving average price of $197.41 and a 200 day moving average price of $191.89. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.