Rose Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,236 shares of the company’s stock, valued at approximately $3,343,000. iShares MSCI USA Quality Factor ETF comprises approximately 1.7% of Rose Capital Advisors LLC’s holdings, making the stock its 15th largest position.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares during the last quarter. MML Investors Services LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after purchasing an additional 65,534 shares during the last quarter. Facet Wealth Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 11.3% during the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after purchasing an additional 334,234 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in shares of iShares MSCI USA Quality Factor ETF by 11.2% in the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after buying an additional 240,881 shares in the last quarter.
iShares MSCI USA Quality Factor ETF Stock Down 0.4%
Shares of BATS:QUAL opened at $222.58 on Friday. The firm has a fifty day simple moving average of $221.12 and a two-hundred day simple moving average of $211.06. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $227.32. The stock has a market capitalization of $64.54 billion, a P/E ratio of 25.59 and a beta of 1.05.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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