Financial Life Advisors Raises Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Financial Life Advisors lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,703 shares of the company’s stock after purchasing an additional 4,187 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 3.0% of Financial Life Advisors’ investment portfolio, making the stock its 13th biggest position. Financial Life Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $7,463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Unique Wealth Strategies LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $37,000. MCF Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $37,000. Opal Wealth Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth $41,000. City State Bank boosted its position in iShares MSCI USA Quality Factor ETF by 123.7% during the 1st quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after acquiring an additional 141 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $48,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

QUAL opened at $176.82 on Monday. The firm has a market cap of $46.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a fifty day moving average price of $172.57 and a 200-day moving average price of $167.31.

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.