MML Investors Services LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MML Investors Services LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,859,647 shares of the company’s stock after acquiring an additional 170,321 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 1.9% of MML Investors Services LLC’s portfolio, making the stock its 3rd biggest position. MML Investors Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $512,735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of QUAL. Lantz Financial LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 5.9% during the 2nd quarter. Lantz Financial LLC now owns 28,397 shares of the company’s stock worth $4,849,000 after buying an additional 1,589 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 31.7% during the second quarter. QRG Capital Management Inc. now owns 5,767 shares of the company’s stock worth $985,000 after acquiring an additional 1,387 shares during the period. Opal Wealth Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the second quarter worth $41,000. MJP Associates Inc. ADV grew its stake in iShares MSCI USA Quality Factor ETF by 16.4% in the 2nd quarter. MJP Associates Inc. ADV now owns 2,256 shares of the company’s stock valued at $385,000 after purchasing an additional 318 shares during the period. Finally, Fifth Third Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 57.7% during the 2nd quarter. Fifth Third Securities Inc. now owns 3,000 shares of the company’s stock valued at $512,000 after purchasing an additional 1,098 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $186.46 on Friday. The stock has a market capitalization of $49.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business’s fifty day moving average is $181.58 and its 200-day moving average is $175.42. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year 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.