D.A. Davidson & CO. Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

D.A. Davidson & CO. lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 477,920 shares of the company’s stock after buying an additional 16,466 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 0.7% of D.A. Davidson & CO.’s holdings, making the stock its 27th biggest holding. D.A. Davidson & CO.’s holdings in iShares MSCI USA Quality Factor ETF were worth $85,691,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of QUAL. FMR LLC boosted its holdings 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 worth $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 3.7% in the second 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 lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% in the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after buying an additional 982,323 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the third 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of 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 valued at $821,412,000 after acquiring an additional 863,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.5 %

QUAL stock opened at $183.75 on Tuesday. The stock’s 50 day simple moving average is $180.29 and its 200 day simple moving average is $174.19. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The stock has a market capitalization of $48.49 billion, a PE ratio of 23.03 and a beta of 1.03.

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.