Facet Wealth Inc. Buys 334,234 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Facet Wealth Inc. lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,300,180 shares of the company’s stock after acquiring an additional 334,234 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 10.4% of Facet Wealth Inc.’s holdings, making the stock its 4th biggest position. Facet Wealth Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $724,159,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Advocate Investing Services LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $227.18 on Friday. The stock has a 50-day moving average of $218.38 and a two-hundred day moving average of $208.80. The stock has a market cap of $65.87 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $185.88 and a one year high of $227.32.

iShares MSCI USA Quality Factor ETF 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.