iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 22,145.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 623,541 shares of the company’s stock after buying an additional 620,738 shares during the period. Strategic Financial Concepts LLC owned approximately 0.24% of iShares MSCI USA Quality Factor ETF worth $1,065,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. MCF Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $37,000. Unique Wealth Strategies LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth about $37,000. Opal Wealth Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth about $41,000. City State Bank raised its position in iShares MSCI USA Quality Factor ETF by 123.7% during the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after acquiring an additional 141 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the first quarter worth about $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $170.66 on Monday. The firm has a 50 day simple moving average of $172.30 and a 200-day simple moving average of $166.79. The firm has a market cap of $45.04 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.