Avidian Wealth Enterprises LLC Sells 370 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Avidian Wealth Enterprises LLC lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 31,650 shares of the company’s stock after selling 370 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,675,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its holdings in 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 buying an additional 999,735 shares in the last quarter. LPL Financial LLC increased 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 during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 5.9% during the 2nd 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 grew its holdings in iShares MSCI USA Quality Factor ETF by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock worth $405,113,000 after acquiring an additional 73,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.0 %

Shares of BATS:QUAL opened at $178.69 on Wednesday. The company has a market cap of $47.16 billion, a price-to-earnings 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. The company has a 50-day moving average price of $178.19 and a 200-day moving average price of $171.86.

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.