Financial Gravity Companies Inc. Buys Shares of 6,332 iShares MSCI USA Quality Factor ETF $QUAL

Financial Gravity Companies Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,332 shares of the company’s stock, valued at approximately $1,158,000.

A number of other large investors have also recently modified their holdings of the business. Galvin Gaustad & Stein LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after purchasing an additional 54 shares in the last quarter. Global Financial Private Client LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 0.6% in the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock valued at $1,955,000 after buying an additional 60 shares during the last quarter. L. Roy Papp & Associates LLP raised its holdings in iShares MSCI USA Quality Factor ETF by 2.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after buying an additional 60 shares during the last quarter. Benningfield Financial Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.8% during the 2nd quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock worth $1,430,000 after buying an additional 65 shares during the period. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 10,631 shares of the company’s stock worth $1,944,000 after acquiring an additional 72 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 10.0%

Shares of QUAL opened at $194.23 on Friday. The company has a market capitalization of $56.32 billion, a PE 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. The stock’s 50-day moving average price is $194.21 and its two-hundred day moving average price is $186.11.

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.