Symphony Financial Ltd. Co. Acquires 1,681,568 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Symphony Financial Ltd. Co. grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4,818.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,716,464 shares of the company’s stock after purchasing an additional 1,681,568 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.6% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 10th largest holding. Symphony Financial Ltd. Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $313,849,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Walkner Condon Financial Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $213,000. Coordinated Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $980,000. Flow Traders U.S. LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 412.9% in the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock valued at $10,937,000 after purchasing an additional 51,524 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock valued at $11,106,000 after purchasing an additional 3,611 shares during the last quarter. Finally, Etesian Wealth Advisors Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock valued at $850,000 after buying an additional 417 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 10.0%

Shares of QUAL opened at $194.23 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market capitalization of $56.32 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s fifty day simple moving average is $194.21 and its 200 day simple moving average is $186.24.

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.