SFG Wealth Management LLC. Buys Shares of 1,156 iShares MSCI USA Quality Factor ETF $QUAL

SFG Wealth Management LLC. bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,156 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors have also made changes to their positions in the company. Keener Financial Planning LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $29,000. Cullen Frost Bankers Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after buying an additional 80 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $37,000. CX Institutional increased its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the last quarter. Finally, BankPlus Trust Department increased its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after acquiring an additional 90 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 9.3%

Shares of BATS:QUAL opened at $193.04 on Wednesday. The firm has a market cap of $55.97 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The business has a fifty day simple moving average of $190.67 and a 200 day simple moving average of $180.72.

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.