Empirical Asset Management LLC Acquires 1,000 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Empirical Asset Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,631 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Empirical Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $830,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares in the last quarter. Cetera Investment Advisers grew its stake 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 worth $275,724,000 after purchasing an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd 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. LPL Financial LLC raised its position in 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 valued at $2,352,213,000 after purchasing an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC lifted 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 worth $133,047,000 after buying an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 1.0 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $183.19 on Tuesday. The stock’s fifty day moving average price is $175.81 and its 200-day moving average price is $169.68. The firm has a market cap of $48.34 billion, a P/E 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.

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.