iShares MSCI USA Quality Factor ETF $QUAL is Midwest Capital Advisors LLC’s 3rd Largest Position

Midwest Capital Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 105,169 shares of the company’s stock after buying an additional 5,379 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 10.1% of Midwest Capital Advisors LLC’s portfolio, making the stock its 3rd largest position. Midwest Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,227,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Flow Traders U.S. LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 412.9% during the first quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock valued at $10,937,000 after purchasing an additional 51,524 shares during the last quarter. Etesian Wealth Advisors Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the second quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock valued at $850,000 after purchasing an additional 417 shares during the last quarter. SlateStone Wealth LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 12.4% during the first quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock valued at $26,883,000 after purchasing an additional 17,337 shares during the last quarter. Delap Wealth Advisory LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $385,000. Finally, Elevate Wealth Advisory Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.1% during the first quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock valued at $500,000 after purchasing an additional 115 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $190.99 on Friday. The firm has a 50 day moving average price of $190.33 and a 200-day moving average price of $180.41. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The firm has a market capitalization of $55.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

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.