iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by IFP Advisors Inc

IFP Advisors Inc increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 90.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 98,202 shares of the company’s stock after acquiring an additional 46,644 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,824,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after buying an additional 2,357,971 shares during the period. AdvisorShares Investments LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth $70,161,000. Facet Wealth Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 11.3% in the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after acquiring an additional 334,234 shares during the last quarter. Unison Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 61.6% in the first quarter. Unison Advisors LLC now owns 603,217 shares of the company’s stock valued at $115,703,000 after acquiring an additional 229,969 shares during the period. Finally, Elevation Point Wealth Partners LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 263.8% in the first quarter. Elevation Point Wealth Partners LLC now owns 176,633 shares of the company’s stock valued at $33,880,000 after acquiring an additional 128,082 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.8%

Shares of BATS:QUAL opened at $224.93 on Friday. The company has a market cap of $65.22 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average price of $223.38 and a 200-day moving average price of $216.09. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $228.13.

Shares of iShares MSCI USA Quality Factor ETF are going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.