Verus Capital Partners LLC Grows Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Verus Capital Partners LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 38,762 shares of the company’s stock after acquiring an additional 5,053 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 0.6% of Verus Capital Partners LLC’s investment portfolio, making the stock its 26th biggest holding. Verus Capital Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,950,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its position 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 worth $4,787,771,000 after purchasing an additional 999,735 shares during the last quarter. Cetera Investment Advisers increased its stake 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. Ameriprise Financial Inc. raised 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 period. LPL Financial LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 5.6% during 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. Finally, Liberty Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the second 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.1 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $184.32 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm’s 50 day moving average is $178.73 and its two-hundred day moving average is $172.61. The firm has a market capitalization of $48.64 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.