W Advisors LLC Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

W Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,948 shares of the company’s stock after purchasing an additional 581 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.3% of W Advisors LLC’s portfolio, making the stock its 18th biggest position. W Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,142,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in QUAL. Envestnet Asset Management Inc. increased 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 purchasing an additional 999,735 shares during the period. Cetera Investment Advisers increased its position in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after buying an additional 982,323 shares during the period. Ameriprise Financial Inc. raised its stake 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 worth $821,412,000 after buying an additional 863,219 shares in the last quarter. LPL Financial LLC boosted 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 acquiring an additional 727,760 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 worth $133,047,000 after acquiring an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL traded down $3.20 on Friday, reaching $176.42. The stock had a trading volume of 1,933,215 shares. The firm has a market capitalization of $46.56 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company has a 50-day simple moving average of $178.18 and a 200-day simple moving average of $171.22. 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.