Zions Bancorporation N.A. Boosts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Zions Bancorporation N.A. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 111.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,578 shares of the company’s stock after acquiring an additional 1,357 shares during the quarter. Zions Bancorporation N.A.’s holdings in iShares MSCI USA Quality Factor ETF were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. Unique Wealth Strategies LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $37,000. MCF Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $37,000. Opal Wealth Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $41,000. City State Bank increased its holdings in iShares MSCI USA Quality Factor ETF by 123.7% during the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after acquiring an additional 141 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth approximately $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $176.82 on Friday. The firm has a market capitalization of $46.66 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company has a fifty day moving average price of $172.57 and a 200-day moving average price of $167.25.

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.