Commonwealth Equity Services LLC Buys 223,054 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Commonwealth Equity Services LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,744,381 shares of the company’s stock after buying an additional 223,054 shares during the quarter. Commonwealth Equity Services LLC owned 0.66% of iShares MSCI USA Quality Factor ETF worth $312,767,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Halpern Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $26,000. MCF Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $37,000. Unique Wealth Strategies LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $37,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $41,000. Finally, City State Bank increased its stake in iShares MSCI USA Quality Factor ETF by 123.7% during the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after purchasing an additional 141 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock traded up $0.81 during mid-day trading on Friday, hitting $182.42. 558,195 shares of the company 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’s 50 day simple moving average is $177.09 and its 200 day simple moving average is $170.09. The firm has a market cap of $48.14 billion, a P/E ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.