FSA Advisors Inc. Takes $205,000 Position in iShares MSCI USA Quality Factor ETF $QUAL

FSA Advisors Inc. bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,123 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors have also modified their holdings of the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $29,000. Cullen Frost Bankers Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after purchasing an additional 80 shares during the period. CX Institutional increased its holdings 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 valued at $37,000 after purchasing an additional 123 shares during the period. Legacy Wealth Managment LLC ID acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. Finally, BankPlus Trust Department increased its holdings 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 valued at $42,000 after purchasing an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 12.2%

BATS:QUAL opened at $198.17 on Thursday. The firm has a market cap of $57.46 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50 day simple moving average is $192.66 and its 200-day simple moving average is $183.50. 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.