iShares MSCI USA Quality Factor ETF $QUAL Position Increased by Apexium Financial LP

Apexium Financial LP boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 236,887 shares of the company’s stock after purchasing an additional 15,901 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 2.3% of Apexium Financial LP’s portfolio, making the stock its 7th biggest position. Apexium Financial LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $43,308,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of QUAL. Cullen Frost Bankers Inc. grew its position in 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 worth $30,000 after purchasing an additional 80 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $37,000. CX Institutional grew its position in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. BankPlus Trust Department grew its position in iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $196.47 on Friday. The firm’s fifty day simple moving average is $189.31 and its 200-day simple moving average is $179.59. The company has a market capitalization of $56.97 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 Company 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.