IHT Wealth Management LLC Acquires 44,790 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

IHT Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 207,658 shares of the company’s stock after acquiring an additional 44,790 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.0% of IHT Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. IHT Wealth Management LLC owned 0.08% of iShares MSCI USA Quality Factor ETF worth $37,212,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of QUAL. Envestnet Asset Management Inc. grew 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 worth $4,787,771,000 after acquiring an additional 999,735 shares in the last quarter. FMR LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after purchasing an additional 1,160,410 shares during the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% in 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. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of 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 during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL traded up $0.69 during mid-day trading on Tuesday, reaching $185.98. The stock had a trading volume of 961,004 shares. The stock has a market capitalization of $49.08 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm has a 50 day moving average price of $180.98 and a two-hundred day moving average price of $174.91. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.