Diversified Portfolios Inc. Makes New Investment in iShares MSCI USA Quality Factor ETF $QUAL

Diversified Portfolios Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,588 shares of the company’s stock, valued at approximately $290,000.

Other institutional investors have also added to or reduced their stakes in the company. Semus Wealth Partners LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.0% during the second quarter. Semus Wealth Partners LLC now owns 6,657 shares of the company’s stock worth $1,217,000 after purchasing an additional 195 shares during the last quarter. Inspire Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 13.0% during the 2nd quarter. Inspire Advisors LLC now owns 4,016 shares of the company’s stock worth $734,000 after acquiring an additional 462 shares during the last quarter. Nordwand Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $239,000. Dorsey & Whitney Trust CO LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.1% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 54,124 shares of the company’s stock valued at $9,895,000 after acquiring an additional 584 shares during the period. Finally, Bulltick Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.2% during the second quarter. Bulltick Wealth Management LLC now owns 18,603 shares of the company’s stock valued at $3,401,000 after acquiring an additional 217 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $191.11 on Wednesday. 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 cap of $55.41 billion, a PE ratio of 25.59 and a beta of 1.05. The firm’s fifty day moving average is $194.29 and its 200-day moving average is $186.53.

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.