Able Wealth Management LLC Takes $201,000 Position in iShares MSCI USA Quality Factor ETF $QUAL

Able Wealth Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, HoldingsChannel.com reports. The fund bought 1,097 shares of the company’s stock, valued at approximately $201,000.

Other large investors also recently bought and sold shares of the company. Keener Financial Planning LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $29,000. Cullen Frost Bankers Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after purchasing an additional 80 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new position in iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $37,000. CX Institutional increased its stake in iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the period. Finally, BankPlus Trust Department increased its stake in 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 worth $42,000 after buying an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $195.32 on Thursday. The company has a market capitalization of $56.63 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s 50-day simple moving average is $193.38 and its two-hundred day simple moving average is $184.64. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26.

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.