Captrust Financial Advisors Has $72.72 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Captrust Financial Advisors cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.6% in the third quarter, Holdings Channel reports. The fund owned 405,565 shares of the company’s stock after selling 28,555 shares during the period. Captrust Financial Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $72,718,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. FMR LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% during 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 period. Envestnet Asset Management Inc. lifted its holdings in shares of 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 acquiring an additional 999,735 shares during the period. LPL Financial LLC lifted its holdings 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 during the period. Ameriprise Financial Inc. lifted its holdings 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 during the period. Finally, Liberty Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $184.25 on Friday. The stock has a market cap of $48.62 billion, a PE ratio of 23.03 and a beta of 1.03. The business has a fifty day moving average of $180.70 and a two-hundred day moving average of $174.48. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.