iShares MSCI USA Quality Factor ETF $QUAL Shares Acquired by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2,239.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,509 shares of the company’s stock after acquiring an additional 3,359 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $683,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QUAL. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $36,000. Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $39,000. Finally, CX Institutional boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 15.6%

Shares of QUAL opened at $204.15 on Wednesday. The company’s 50 day simple moving average is $199.70 and its 200-day simple moving average is $193.96. The firm has a market cap of $59.19 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.