Traphagen Investment Advisors LLC Acquires New Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Traphagen Investment Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,293 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of 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 valued at $4,787,771,000 after purchasing an additional 999,735 shares during the period. Cetera Investment Advisers increased its position in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after buying an additional 982,323 shares during the period. 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 buying an additional 863,219 shares during the period. LPL Financial LLC lifted its holdings in shares of 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 buying an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 738.8% in 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 Down 0.2 %

BATS:QUAL traded down $0.45 during mid-day trading on Tuesday, hitting $181.97. 717,273 shares of the stock traded hands. The business’s 50-day moving average price is $177.36 and its 200 day moving average price is $170.35. The company has a market cap of $48.02 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month 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.