Private Trust Co. NA Boosts Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Private Trust Co. NA grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 22,877 shares of the company’s stock after purchasing an additional 835 shares during the period. Private Trust Co. NA’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,102,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in 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 worth $4,787,771,000 after buying an additional 999,735 shares during the period. Cetera Investment Advisers grew its holdings in iShares MSCI USA Quality Factor ETF by 141.3% in the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after purchasing an additional 982,323 shares during the period. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. raised its stake in 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 purchasing an additional 863,219 shares during the period. Finally, Liberty Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 738.8% in 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 %

QUAL stock opened at $182.75 on Monday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market cap of $48.23 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a fifty day simple moving average of $180.16 and a 200-day simple moving average of $174.04.

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.