iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 437,372 shares of the company’s stock after acquiring an additional 46,282 shares during the period. iShares MSCI USA Quality Factor ETF comprises 0.5% of Private Advisor Group LLC’s portfolio, making the stock its 29th largest holding. Private Advisor Group LLC owned approximately 0.17% of iShares MSCI USA Quality Factor ETF worth $78,421,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake 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 last quarter. LPL Financial LLC boosted 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 during the last quarter. Ameriprise Financial Inc. grew 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 worth $821,412,000 after buying an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of 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 valued at $530,462,000 after buying an additional 172,340 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after buying an additional 73,653 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $181.41 on Wednesday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a market capitalization of $47.87 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a 50 day moving average price of $177.56 and a two-hundred day moving average price of $170.48.

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.