Confluence Wealth Services Inc. Buys 312 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Confluence Wealth Services Inc. increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 20.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,870 shares of the company’s stock after buying an additional 312 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $342,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in QUAL. Flow Traders U.S. LLC grew its stake in iShares MSCI USA Quality Factor ETF by 412.9% during the first quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock valued at $10,937,000 after acquiring an additional 51,524 shares in the last quarter. SlateStone Wealth LLC grew its position in iShares MSCI USA Quality Factor ETF by 12.4% during the first quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock worth $26,883,000 after buying an additional 17,337 shares in the last quarter. Delap Wealth Advisory LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $385,000. Elevate Wealth Advisory Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.1% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock valued at $500,000 after acquiring an additional 115 shares in the last quarter. Finally, Partners Capital Investment Group LLP boosted its position in shares of iShares MSCI USA Quality Factor ETF by 284.3% during the 1st quarter. Partners Capital Investment Group LLP now owns 101,407 shares of the company’s stock valued at $17,329,000 after acquiring an additional 75,022 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 11.5%

Shares of BATS QUAL opened at $196.89 on Tuesday. The business has a 50-day moving average of $189.51 and a 200-day moving average of $179.86. 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 12 month low of $148.34 and a 12 month high of $187.26.

iShares MSCI USA Quality Factor ETF 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.