Wealthfront Advisers LLC Increases Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealthfront Advisers LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 374.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,978 shares of the company’s stock after purchasing an additional 13,402 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,023,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of 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 worth $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC grew 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 in the last quarter. M&T Bank Corp increased its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after acquiring an additional 28,147 shares during the last quarter. Keybank National Association OH raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after acquiring an additional 64,819 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 4.9 %

QUAL stock opened at $168.03 on Friday. The company’s 50 day moving average is $180.79 and its 200 day moving average is $180.42. The stock has a market cap of $46.66 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26.

iShares MSCI USA Quality Factor ETF Company 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.