Premier Path Wealth Partners LLC Grows Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Premier Path Wealth Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,598 shares of the company’s stock after purchasing an additional 2,713 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.5% of Premier Path Wealth Partners LLC’s investment portfolio, making the stock its 12th largest position. Premier Path Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,530,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Galvin Gaustad & Stein LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after buying an additional 54 shares in the last quarter. Global Financial Private Client LLC increased its stake in iShares MSCI USA Quality Factor ETF by 0.6% in the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after buying an additional 60 shares in the last quarter. L. Roy Papp & Associates LLP raised its holdings in iShares MSCI USA Quality Factor ETF by 2.5% during the second quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after acquiring an additional 60 shares during the period. Acorn Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the first quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock valued at $2,466,000 after acquiring an additional 62 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.1% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,051 shares of the company’s stock worth $180,000 after acquiring an additional 70 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 12.2%

BATS:QUAL opened at $198.17 on Thursday. The stock has a 50-day moving average price of $192.66 and a 200 day moving average price of $183.50. The stock has a market capitalization of $57.46 billion, a P/E ratio of 25.59 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.

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.