Integrated Wealth Concepts LLC Boosts Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Integrated Wealth Concepts LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,356,703 shares of the company’s stock after purchasing an additional 182,557 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 3.0% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its biggest holding. Integrated Wealth Concepts LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $243,257,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 38.4% in the 2nd quarter. GAMMA Investing LLC now owns 1,612 shares of the company’s stock worth $275,000 after buying an additional 447 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in iShares MSCI USA Quality Factor ETF by 22.5% in the second quarter. Massmutual Trust Co. FSB ADV now owns 772 shares of the company’s stock valued at $132,000 after acquiring an additional 142 shares during the period. Fulton Bank N.A. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $407,000. Kingswood Wealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 144.8% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 7,695 shares of the company’s stock worth $1,314,000 after purchasing an additional 4,551 shares during the last quarter. Finally, RDA Financial Network boosted its position in iShares MSCI USA Quality Factor ETF by 105.5% during the 2nd quarter. RDA Financial Network now owns 8,655 shares of the company’s stock valued at $1,478,000 after purchasing an additional 4,444 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $185.98 on Tuesday. The firm has a market capitalization of $49.08 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business’s fifty day moving average price is $180.98 and its two-hundred day moving average price is $174.91.

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.