Bridges Investment Management Inc. Purchases 25,482 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bridges Investment Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1,347.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,373 shares of the company’s stock after acquiring an additional 25,482 shares during the quarter. Bridges Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,674,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock worth $1,994,000 after acquiring an additional 61 shares during the last quarter. Bristlecone Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after purchasing an additional 63 shares during the last quarter. Integrated Advisors Network LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.9% in the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock valued at $1,110,000 after buying an additional 66 shares in the last quarter. NBC Securities Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 27.2% during the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after buying an additional 66 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock worth $349,000 after buying an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $179.02 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a market capitalization of $47.24 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a fifty day moving average of $172.88 and a 200-day moving average of $167.67.

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.