Intelligence Driven Advisers LLC Has $28.72 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Intelligence Driven Advisers LLC lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 168,215 shares of the company’s stock after selling 7,344 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 4.1% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 9th largest position. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $28,724,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its holdings in 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 valued at $275,724,000 after acquiring an additional 982,323 shares in the last quarter. Scarborough Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1,460.0% during the fourth quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock worth $143,242,000 after purchasing an additional 911,104 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares MSCI USA Quality Factor ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after purchasing an additional 897,256 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock valued at $3,936,223,000 after purchasing an additional 744,380 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 108.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,056,047 shares of the company’s stock worth $155,387,000 after buying an additional 550,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.2 %

iShares MSCI USA Quality Factor ETF stock traded down $2.05 during mid-day trading on Friday, hitting $170.66. 1,176,714 shares of the company were exchanged. The company has a market capitalization of $45.04 billion, a PE ratio of 23.03 and a beta of 1.03. The business has a fifty day moving average of $172.30 and a 200 day moving average of $166.64. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.