CFM Wealth Partners LLC Buys 1,875 Shares of iShares MSCI USA Quality Factor ETF $QUAL

CFM Wealth Partners LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,965 shares of the company’s stock after purchasing an additional 1,875 shares during the period. CFM Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,284,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the 1st 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 last quarter. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $37,000. CX Institutional lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the last quarter. BankPlus Trust Department lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the 1st 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 last quarter. Finally, First Command Advisory Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $196.89 on Tuesday. The firm has a market capitalization of $57.09 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The business has a 50 day simple moving average of $189.51 and a 200-day simple moving average of $179.86.

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.