iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Financial Life Advisors

Financial Life Advisors raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,703 shares of the company’s stock after purchasing an additional 4,187 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.0% of Financial Life Advisors’ investment portfolio, making the stock its 13th biggest holding. Financial Life Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $7,463,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in iShares MSCI USA Quality Factor ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after buying an additional 999,735 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after acquiring an additional 982,323 shares during the last quarter. Scarborough Advisors LLC increased its holdings in shares of 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 valued at $143,242,000 after acquiring an additional 911,104 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of iShares MSCI USA Quality Factor ETF by 30.0% in the 4th 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 during the last quarter. Finally, LPL Financial LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after purchasing an additional 727,760 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

BATS:QUAL opened at $176.82 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a market cap of $46.66 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s 50 day moving average is $172.57 and its two-hundred day moving average is $167.31.

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.