Commonwealth Equity Services LLC Boosts Stake in iShares MSCI USA Quality Factor ETF $QUAL

Commonwealth Equity Services LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,984,988 shares of the company’s stock after purchasing an additional 45,088 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 0.5% of Commonwealth Equity Services LLC’s holdings, making the stock its 28th biggest holding. Commonwealth Equity Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $362,896,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Brighton Jones LLC raised its position in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $81,990,000. Bison Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after purchasing an additional 3,383 shares during the period. Financial Counselors Inc. raised its position in iShares MSCI USA Quality Factor ETF by 128.5% in the 1st quarter. Financial Counselors Inc. now owns 7,613 shares of the company’s stock worth $1,301,000 after purchasing an additional 4,281 shares during the period. Finally, Valeo Financial Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 51.3% in the 1st quarter. Valeo Financial Advisors LLC now owns 5,816 shares of the company’s stock worth $994,000 after purchasing an additional 1,972 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $195.32 on Thursday. The firm has a market cap of $56.63 billion, a PE ratio of 25.59 and a beta of 1.05. The firm’s 50 day simple moving average is $193.38 and its 200-day simple moving average is $184.64. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26.

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.