Inspire Advisors LLC Raises Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Inspire Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.0% in the second quarter, Holdings Channel reports. The firm owned 4,016 shares of the company’s stock after buying an additional 462 shares during the period. Inspire Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $734,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Keener Financial Planning LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $29,000. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at $37,000. CX Institutional raised 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 acquiring an additional 123 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth about $40,000. Finally, Cheviot Value Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $191.11 on Wednesday. The stock has a market cap of $55.41 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s 50-day moving average is $194.29 and its two-hundred day moving average is $186.53. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year 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.