Schrum Private Wealth Management LLC Raises Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Schrum Private Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,768 shares of the company’s stock after acquiring an additional 934 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $814,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Skyline Advisors Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 0.3% in the second quarter. Skyline Advisors Inc. now owns 98,915 shares of the company’s stock worth $16,891,000 after purchasing an additional 289 shares during the last quarter. Robinson Smith Wealth Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 14.0% in the second quarter. Robinson Smith Wealth Advisors LLC now owns 19,295 shares of the company’s stock worth $3,295,000 after purchasing an additional 2,367 shares during the last quarter. BOS Asset Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 17.9% in the second quarter. BOS Asset Management LLC now owns 33,054 shares of the company’s stock worth $5,644,000 after purchasing an additional 5,014 shares during the last quarter. Curtis Advisory Group LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 4.5% in the second quarter. Curtis Advisory Group LLC now owns 8,137 shares of the company’s stock worth $1,389,000 after purchasing an additional 348 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 53.6% in the second quarter. International Assets Investment Management LLC now owns 3,054 shares of the company’s stock worth $521,000 after purchasing an additional 1,066 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL traded up $1.36 during trading on Friday, hitting $177.78. The stock had a trading volume of 655,295 shares. The stock has a market capitalization of $46.92 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a 50 day simple moving average of $172.08 and a 200 day simple moving average of $166.06.

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.