Stonebrook Private Inc. lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 1.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 118,563 shares of the company’s stock after purchasing an additional 1,254 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 5.6% of Stonebrook Private Inc.’s holdings, making the stock its largest holding. Stonebrook Private Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,258,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of QUAL. Envestnet Asset Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after buying an additional 999,735 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 141.3% in the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after acquiring an additional 982,323 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd 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 in the last quarter. Finally, Liberty Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after purchasing an additional 686,255 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Stock Up 0.4 %
Shares of BATS:QUAL opened at $182.75 on Friday. The company’s fifty day moving average is $180.04 and its 200 day moving average is $173.72. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a market cap of $48.23 billion, a PE ratio of 23.03 and a beta of 1.03.
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.
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