LS Investment Advisors LLC Has $500,000 Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

LS Investment Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,735 shares of the company’s stock after purchasing an additional 330 shares during the quarter. LS Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $500,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Cullen Frost Bankers Inc. increased its position in 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 acquiring an additional 80 shares during the period. Mascagni Wealth Management Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $36,000. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $37,000. CX Institutional boosted 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. Finally, BankPlus Trust Department boosted 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.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $191.34 on Friday. The firm’s fifty day moving average is $188.17 and its 200-day moving average is $178.66. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The firm has a market cap of $55.48 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.