Gradient Investments LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Gradient Investments LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 339,539 shares of the company’s stock after buying an additional 7,455 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.2% of Gradient Investments LLC’s portfolio, making the stock its 21st largest holding. Gradient Investments LLC owned approximately 0.13% of iShares MSCI USA Quality Factor ETF worth $60,465,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $1,161,000. Insigneo Advisory Services LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.7% in the 2nd quarter. Insigneo Advisory Services LLC now owns 2,256 shares of the company’s stock worth $367,000 after purchasing an additional 461 shares in the last quarter. Squarepoint Ops LLC grew its position in iShares MSCI USA Quality Factor ETF by 19.7% during the second quarter. Squarepoint Ops LLC now owns 3,502 shares of the company’s stock valued at $598,000 after acquiring an additional 576 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the second quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock valued at $444,000 after buying an additional 189 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 1,593.8% in the second quarter. Beaird Harris Wealth Management LLC now owns 542 shares of the company’s stock valued at $93,000 after purchasing an additional 510 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.2 %

Shares of BATS QUAL opened at $184.10 on Friday. The firm’s fifty day moving average is $181.80 and its 200 day moving average is $178.11. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market cap of $48.58 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.