Concurrent Investment Advisors LLC Has $9.89 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Concurrent Investment Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,184 shares of the company’s stock after buying an additional 910 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,894,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in QUAL. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% in 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 purchasing an additional 999,735 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 5.6% in the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after buying an additional 727,760 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 5.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after purchasing an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares MSCI USA Quality Factor ETF by 3.2% in 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 buying an additional 73,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.0 %

iShares MSCI USA Quality Factor ETF stock traded up $1.80 during midday trading on Wednesday, hitting $178.69. The stock had a trading volume of 828,545 shares. The company has a market capitalization of $47.16 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average is $178.19 and its two-hundred day moving average is $171.86. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week 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.