iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Ade LLC’s 8th Largest Position

Ade LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,086 shares of the company’s stock after buying an additional 1,672 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 3.4% of Ade LLC’s holdings, making the stock its 8th biggest holding. Ade LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,574,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Provident Investment Management Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% during the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock valued at $1,903,000 after buying an additional 614 shares during the period. Annandale Capital LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after purchasing an additional 363 shares in the last quarter. Signaturefd LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares during the period. Calamos Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 26.8% during the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after purchasing an additional 365 shares in the last quarter. Finally, Crestwood Advisors Group LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 103.2% during the second quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock valued at $3,937,000 after buying an additional 11,711 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

Shares of QUAL stock traded up $0.46 during midday trading on Wednesday, reaching $180.55. 697,241 shares of the stock were exchanged. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The firm has a market cap of $47.65 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s 50 day moving average is $178.12 and its two-hundred day moving average is $171.13.

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.