Inspire Advisors LLC Has $469,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Inspire Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,745 shares of the company’s stock after buying an additional 1,044 shares during the quarter. Inspire Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $469,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Envestnet Asset Management Inc. raised 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 worth $4,787,771,000 after acquiring an additional 999,735 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 5.6% during the 2nd 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 in the last quarter. UBS Group AG lifted its holdings in shares of 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 valued at $629,175,000 after buying an additional 200,655 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares MSCI USA Quality Factor ETF by 30.0% in the 4th quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after buying an additional 897,256 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 5.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after buying an additional 172,340 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

BATS QUAL opened at $176.82 on Friday. The company has a 50 day moving average price of $172.57 and a two-hundred day moving average price of $167.25. 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 $46.66 billion, a PE ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.