Continuum Advisory LLC Reduces Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Continuum Advisory LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,772 shares of the company’s stock after selling 217 shares during the quarter. Continuum Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,236,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FMR LLC lifted its position in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. Envestnet Asset Management Inc. grew its stake 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 buying an additional 999,735 shares during the last quarter. 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 buying an additional 950,857 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of 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 acquiring an additional 863,219 shares during the period. Finally, Liberty Wealth Management LLC raised its position in 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 Price Performance

Shares of BATS:QUAL opened at $185.57 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The stock has a market cap of $48.97 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm has a fifty day moving average price of $181.70 and a 200 day moving average price of $175.63.

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.