iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Keystone Wealth Services LLC

Keystone Wealth Services LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 21,960 shares of the company’s stock after acquiring an additional 1,440 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.2% of Keystone Wealth Services LLC’s holdings, making the stock its 17th biggest position. Keystone Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,750,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Peak Financial Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $2,070,000. Thrive Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. Thrive Wealth Management LLC now owns 13,174 shares of the company’s stock valued at $2,250,000 after acquiring an additional 251 shares during the period. Cypress Wealth Services LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 4.5% in the 2nd quarter. Cypress Wealth Services LLC now owns 104,757 shares of the company’s stock valued at $17,888,000 after acquiring an additional 4,554 shares in the last quarter. Cabot Wealth Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 27.8% in the 2nd quarter. Cabot Wealth Management Inc. now owns 37,271 shares of the company’s stock worth $6,364,000 after purchasing an additional 8,104 shares during the period. Finally, Gleason Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $65,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.6 %

BATS:QUAL traded up $1.02 during trading hours on Friday, hitting $168.26. 700,263 shares of the stock traded hands. The firm has a 50 day moving average price of $170.55 and a 200 day moving average price of $163.91. The firm has a market cap of $44.40 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.