iShares MSCI USA Quality Factor ETF $QUAL Stock: Kraft Davis & Associates LLC Raises Stake

Kraft Davis & Associates LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,977 shares of the company’s stock after acquiring an additional 2,251 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 3.6% of Kraft Davis & Associates LLC’s portfolio, making the stock its 6th biggest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,373,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings 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 purchasing an additional 2,357,971 shares during the last quarter. AdvisorShares Investments LLC bought a new position in iShares MSCI USA Quality Factor ETF during the first quarter worth $70,161,000. Facet Wealth Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.3% in 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. Unison Advisors LLC increased its holdings 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 purchasing an additional 229,969 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC increased its holdings 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 purchasing an additional 128,082 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $226.06 on Thursday. The firm has a market capitalization of $65.55 billion, a PE ratio of 25.59 and a beta of 1.05. The company’s 50-day moving average is $223.40 and its 200-day moving average is $217.00. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $185.88 and a fifty-two week 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 issued shares will be payable 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.