Commonwealth Financial Services LLC Buys 27,116 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Commonwealth Financial Services LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1,587.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,824 shares of the company’s stock after purchasing an additional 27,116 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,135,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after purchasing an additional 58 shares during the period. Carnegie Investment Counsel boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.5% during the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after buying an additional 61 shares during the period. Procyon Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after buying an additional 61 shares during the last quarter. Bristlecone Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after buying an additional 63 shares during the last quarter. Finally, Columbus Macro LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after buying an additional 66 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.8 %

QUAL traded down $1.53 during trading hours on Thursday, reaching $179.85. 711,547 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $177.73 and a 200 day moving average price of $170.55. The firm has a market capitalization of $47.46 billion, a PE ratio of 23.03 and a beta of 1.03. 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 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.