Harbour Investments Inc. Has $8.87 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Harbour Investments Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,539 shares of the company’s stock after buying an additional 4,200 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,874,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Keener Financial Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. Cullen Frost Bankers Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 84.2% during the first 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 period. CX Institutional lifted its stake in iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the period. Legacy Wealth Managment LLC ID bought a new position in iShares MSCI USA Quality Factor ETF during the first quarter worth about $37,000. Finally, BankPlus Trust Department lifted its stake in iShares MSCI USA Quality Factor ETF by 58.4% during the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 9.3%

Shares of QUAL opened at $193.04 on Wednesday. The stock 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 12 month low of $148.34 and a 12 month high of $187.26. The company has a 50-day moving average price of $190.67 and a two-hundred day moving average price 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.