Asset Advisors Investment Management LLC Purchases 3,462 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Asset Advisors Investment Management LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 47,827 shares of the company’s stock after buying an additional 3,462 shares during the quarter. Asset Advisors Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,575,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after purchasing an additional 999,735 shares during the last quarter. FMR LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd 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. Finally, M&T Bank Corp increased its position in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.7 %

QUAL opened at $184.74 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The business has a 50 day moving average of $182.13 and a 200-day moving average of $175.90. The stock has a market cap of $48.75 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.