Sightline Wealth Advisors LLC Buys 3,464 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Sightline Wealth Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,058 shares of the company’s stock after acquiring an additional 3,464 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 0.9% of Sightline Wealth Advisors LLC’s portfolio, making the stock its 22nd largest position. Sightline Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,624,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the second 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. LPL Financial LLC raised its holdings 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 valued at $2,352,213,000 after acquiring an additional 727,760 shares in the last quarter. Ameriprise Financial Inc. lifted its stake 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 worth $821,412,000 after acquiring an additional 863,219 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 5.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after acquiring an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in iShares MSCI USA Quality Factor ETF by 3.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after purchasing an additional 73,653 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

Shares of QUAL traded up $0.81 during trading hours on Monday, reaching $182.42. 558,195 shares of the company traded hands. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company’s fifty day moving average price is $177.09 and its two-hundred day moving average price is $170.20. The company has a market capitalization of $48.14 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.