Cornerstone Wealth Group LLC Grows Position in iShares MSCI USA Quality Factor ETF $QUAL

Cornerstone Wealth Group LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 792.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,305 shares of the company’s stock after purchasing an additional 14,477 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,350,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. FWG Investments LLC. raised its position in shares of iShares MSCI USA Quality Factor ETF by 22.9% in the 1st quarter. FWG Investments LLC. now owns 6,462 shares of the company’s stock worth $1,239,000 after buying an additional 1,202 shares during the period. Merkkuri Wealth Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 2.6% during the first quarter. Merkkuri Wealth Advisors LLC now owns 6,396 shares of the company’s stock worth $1,227,000 after acquiring an additional 164 shares during the last quarter. Maridea Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 17.2% during the first quarter. Maridea Wealth Management LLC now owns 6,239 shares of the company’s stock worth $1,197,000 after acquiring an additional 916 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 283,133 shares of the company’s stock worth $54,308,000 after purchasing an additional 1,466 shares during the period. Finally, Armbruster Capital Management Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.3% in the 1st quarter. Armbruster Capital Management Inc. now owns 170,323 shares of the company’s stock worth $32,670,000 after purchasing an additional 5,409 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $213.66 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $180.66 and a 1-year high of $219.82. The firm has a market capitalization of $61.95 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50-day simple moving average is $212.03 and its 200-day simple moving average is $204.17.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.