MONECO Advisors LLC Grows Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MONECO Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,946 shares of the company’s stock after buying an additional 106 shares during the period. MONECO Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,190,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after purchasing an additional 999,735 shares in the last quarter. LPL Financial LLC boosted its stake in 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 buying an additional 727,760 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 5.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after acquiring an additional 172,340 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of 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 worth $405,113,000 after acquiring an additional 73,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.2 %

Shares of QUAL stock traded up $0.33 on Tuesday, reaching $180.09. The company’s stock had a trading volume of 566,145 shares. The stock’s fifty day simple moving average is $178.02 and its 200-day simple moving average is $170.98. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a market capitalization of $47.53 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.