iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Financial Advisors LLC’s 4th Largest Position

Financial Advisors LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 338,231 shares of the company’s stock after selling 942 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 11.6% of Financial Advisors LLC’s investment portfolio, making the stock its 4th largest position. Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $60,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after buying an additional 999,735 shares during the last quarter. Cetera Investment Advisers raised its position in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after acquiring an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 5.6% in the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after purchasing an additional 727,760 shares during the period. Finally, Liberty Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 738.8% during the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after purchasing an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.5 %

Shares of BATS:QUAL traded up $0.97 on Thursday, reaching $181.91. 836,110 shares of the company’s stock were exchanged. The business’s 50-day moving average is $176.52 and its two-hundred day moving average is $169.88. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market capitalization of $48.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.