Fifth Third Securities Inc. Grows Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Fifth Third Securities Inc. grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 57.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,000 shares of the company’s stock after acquiring an additional 1,098 shares during the period. Fifth Third Securities Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $512,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock valued at $3,936,223,000 after acquiring an additional 744,380 shares during the period. UBS Group AG increased its stake in iShares MSCI USA Quality Factor ETF by 4.9% during the 4th quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock worth $629,175,000 after buying an additional 200,655 shares during the period. Wells Fargo & Company MN lifted its holdings in iShares MSCI USA Quality Factor ETF by 30.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after buying an additional 897,256 shares in the last quarter. M&T Bank Corp boosted its position in iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock valued at $539,416,000 after buying an additional 59,771 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 4.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,934,135 shares of the company’s stock valued at $482,225,000 after buying an additional 117,940 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

QUAL stock traded up $0.28 during midday trading on Monday, hitting $168.54. The company’s stock had a trading volume of 744,360 shares. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market capitalization of $44.48 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm has a 50-day simple moving average of $170.55 and a 200-day simple moving average of $164.00.

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.