Performa Ltd US LLC Purchases 1,741 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Performa Ltd US LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,319 shares of the company’s stock after acquiring an additional 1,741 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 2.2% of Performa Ltd US LLC’s holdings, making the stock its 9th largest holding. Performa Ltd US LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock valued at $5,937,618,000 after purchasing an additional 624,581 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after buying an additional 1,318,823 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after buying an additional 380,904 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after buying an additional 324,478 shares in the last quarter. Finally, CWM LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock worth $619,236,000 after acquiring an additional 64,226 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.2%

Shares of BATS QUAL opened at $191.11 on Wednesday. The stock has a market cap of $55.41 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The company has a 50-day moving average of $194.29 and a 200 day moving average of $186.53.

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.