iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by SMART Wealth LLC

SMART Wealth LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 125.9% during the second quarter, HoldingsChannel reports. The firm owned 8,177 shares of the company’s stock after buying an additional 4,558 shares during the period. SMART Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,794,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Sapient Capital LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $540,000. TD Waterhouse Canada Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 63.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 14,921 shares of the company’s stock worth $3,274,000 after buying an additional 5,784 shares during the period. Syntax Research Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 347.0% during the 2nd quarter. Syntax Research Inc. now owns 38,180 shares of the company’s stock worth $8,378,000 after buying an additional 29,639 shares during the period. Tranquilli Financial Advisor LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.4% in the 2nd quarter. Tranquilli Financial Advisor LLC now owns 6,887 shares of the company’s stock worth $1,511,000 after buying an additional 225 shares in the last quarter. Finally, Coppell Advisory Solutions LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $104,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $222.58 on Friday. The firm has a 50-day moving average of $221.12 and a two-hundred day moving average of $211.06. The stock has a market cap of $64.54 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $227.32.

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