Linscomb Wealth Inc. Purchases 288 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Linscomb Wealth Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,900 shares of the company’s stock after buying an additional 288 shares during the period. Linscomb Wealth Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $312,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Quadrature Capital Ltd bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth $14,309,000. Cloverfields Capital Group LP increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 28.0% in the 1st quarter. Cloverfields Capital Group LP now owns 4,560 shares of the company’s stock worth $749,000 after buying an additional 997 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 218.4% in the 1st quarter. Axxcess Wealth Management LLC now owns 8,118 shares of the company’s stock worth $1,334,000 after buying an additional 5,568 shares during the last quarter. Element Pointe Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.1% in the 1st quarter. Element Pointe Advisors LLC now owns 81,794 shares of the company’s stock worth $13,443,000 after buying an additional 2,488 shares during the last quarter. Finally, Freestone Capital Holdings LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 50.6% during the 1st quarter. Freestone Capital Holdings LLC now owns 19,051 shares of the company’s stock valued at $3,131,000 after purchasing an additional 6,399 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded up $2.16 on Friday, hitting $169.36. 914,083 shares of the company’s stock traded hands. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company’s fifty day simple moving average is $170.28 and its 200 day simple moving average is $162.62. The stock has a market capitalization of $44.69 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.