5,780 Shares in iShares MSCI USA Quality Factor ETF $QUAL Bought by FWG Investments LLC.

FWG Investments LLC. purchased a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,780 shares of the company’s stock, valued at approximately $1,057,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after acquiring an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after purchasing an additional 3,383 shares during the period. Golden State Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 28.9% during the 1st quarter. Golden State Wealth Management LLC now owns 31,317 shares of the company’s stock worth $5,352,000 after purchasing an additional 7,022 shares during the period. Finally, DAVENPORT & Co LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 42.7% during the 1st quarter. DAVENPORT & Co LLC now owns 18,693 shares of the company’s stock valued at $3,194,000 after purchasing an additional 5,590 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $196.75 on Friday. The firm has a fifty day moving average price of $192.87 and a 200 day moving average price of $183.59. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market cap of $57.05 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.