Jmac Enterprises LLC Has $8.04 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Jmac Enterprises LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,812 shares of the company’s stock after buying an additional 4,182 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.3% of Jmac Enterprises LLC’s portfolio, making the stock its 20th largest position. Jmac Enterprises LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,035,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in QUAL. Envestnet Asset Management Inc. increased its holdings 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. Cetera Investment Advisers boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after buying an additional 982,323 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of 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 worth $821,412,000 after purchasing an additional 863,219 shares in the last quarter. LPL Financial LLC grew its position in shares of 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 valued at $2,352,213,000 after acquiring an additional 727,760 shares during the period. Finally, Liberty Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.0 %

iShares MSCI USA Quality Factor ETF stock opened at $182.26 on Thursday. The company’s 50-day moving average price is $178.31 and its two-hundred day moving average price is $171.93. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The stock has a market cap of $48.10 billion, a P/E 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.