Creative Financial Designs Inc. ADV Raises Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Creative Financial Designs Inc. ADV raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,633 shares of the company’s stock after acquiring an additional 139 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,803,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in QUAL. Envestnet Asset Management Inc. lifted its position in 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 valued at $4,787,771,000 after purchasing an additional 999,735 shares during the last quarter. LPL Financial LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 5.6% during the 2nd 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. boosted its position 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 during the period. Envestnet Portfolio Solutions Inc. grew its holdings 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 increased its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after acquiring an additional 73,653 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 1.8 %

Shares of BATS:QUAL traded down $3.20 during midday trading on Friday, hitting $176.42. 1,933,215 shares of the stock traded hands. The business’s 50 day moving average is $178.18 and its two-hundred day moving average is $171.22. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a market capitalization of $46.56 billion, a PE ratio of 23.03 and a beta of 1.03.

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.