32,750 Shares in iShares MSCI USA Quality Factor ETF $QUAL Bought by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 32,750 shares of the company’s stock, valued at approximately $6,282,000.

A number of other institutional investors also recently bought and sold shares of the business. Prosperity Consulting Group LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the first quarter. Prosperity Consulting Group LLC now owns 265,068 shares of the company’s stock valued at $50,843,000 after buying an additional 1,414 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.1% during the first quarter. Wealthfront Advisers LLC now owns 6,093 shares of the company’s stock worth $1,169,000 after buying an additional 65 shares during the period. D.A. Davidson & CO. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.0% during the first quarter. D.A. Davidson & CO. now owns 605,588 shares of the company’s stock worth $116,158,000 after buying an additional 5,890 shares during the last quarter. Beaumont Financial Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.6% during the first quarter. Beaumont Financial Advisors LLC now owns 2,464 shares of the company’s stock worth $473,000 after buying an additional 152 shares during the last quarter. Finally, Marks Group Wealth Management Inc increased its position in iShares MSCI USA Quality Factor ETF by 15.8% in the 1st quarter. Marks Group Wealth Management Inc now owns 16,732 shares of the company’s stock valued at $3,209,000 after acquiring an additional 2,289 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.4%

Shares of QUAL stock opened at $220.66 on Friday. The stock’s 50-day moving average price is $215.34 and its 200 day moving average price is $206.11. The stock has a market capitalization of $63.98 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $181.65 and a 52-week high of $221.16.

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.