Eq LLC Buys 13,872 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Eq LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.2% during the third quarter, Holdings Channel reports. The firm owned 58,350 shares of the company’s stock after purchasing an additional 13,872 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 5.2% of Eq LLC’s portfolio, making the stock its 7th largest holding. Eq LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pettinga Financial Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 2.0% during the third quarter. Pettinga Financial Advisors LLC now owns 168,275 shares of the company’s stock valued at $30,172,000 after buying an additional 3,366 shares during the period. Claro Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 10.6% during the third quarter. Claro Advisors LLC now owns 76,798 shares of the company’s stock valued at $13,770,000 after buying an additional 7,343 shares during the period. Peterson Financial Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $45,000. KPP Advisory Services LLC raised its position in iShares MSCI USA Quality Factor ETF by 31.7% during the third quarter. KPP Advisory Services LLC now owns 28,837 shares of the company’s stock valued at $5,170,000 after buying an additional 6,946 shares during the period. Finally, Maxwell Wealth Strategies Inc. raised its position in iShares MSCI USA Quality Factor ETF by 8.6% during the third quarter. Maxwell Wealth Strategies Inc. now owns 32,286 shares of the company’s stock valued at $5,769,000 after buying an additional 2,545 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.6 %

BATS:QUAL opened at $179.56 on Monday. The firm has a market capitalization of $47.39 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business’s fifty day moving average price is $179.50 and its 200 day moving average price is $173.18.

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.