Octavia Wealth Advisors LLC Acquires 456 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Octavia Wealth Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,632 shares of the company’s stock after purchasing an additional 456 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $621,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. International Private Wealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.3% in the first quarter. International Private Wealth Advisors LLC now owns 2,995 shares of the company’s stock worth $512,000 after buying an additional 95 shares in the last quarter. Pallas Capital Advisors LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 7.0% in the 1st quarter. Pallas Capital Advisors LLC now owns 3,470 shares of the company’s stock valued at $593,000 after acquiring an additional 226 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 45.8% in the 1st quarter. Farther Finance Advisors LLC now owns 258,131 shares of the company’s stock worth $44,215,000 after purchasing an additional 81,084 shares in the last quarter. Millington Financial Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the 1st quarter. Millington Financial Advisors LLC now owns 23,089 shares of the company’s stock valued at $3,774,000 after purchasing an additional 1,370 shares during the last quarter. Finally, Capital Investment Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 22.6% during the first quarter. Capital Investment Advisors LLC now owns 27,955 shares of the company’s stock valued at $4,777,000 after purchasing an additional 5,158 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 2.2%

Shares of QUAL stock opened at $180.45 on Monday. The stock has a market capitalization of $52.09 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The stock’s 50-day moving average price is $169.87 and its 200-day moving average price is $176.72.

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.