Inspire Advisors LLC Increases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Inspire Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,016 shares of the company’s stock after purchasing an additional 462 shares during the period. Inspire Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $734,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $29,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $37,000. CX Institutional lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $40,000. Finally, Cheviot Value Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $43,000.

iShares MSCI USA Quality Factor ETF Stock Up 8.2%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $191.11 on Wednesday. The stock’s fifty day moving average is $194.29 and its two-hundred day moving average is $186.53. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The company has a market capitalization of $55.41 billion, a PE 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.