KCM Investment Advisors LLC Acquires 140 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

KCM Investment Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,209 shares of the company’s stock after purchasing an additional 140 shares during the period. KCM Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,651,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after acquiring an additional 999,735 shares during the period. Cetera Investment Advisers lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 141.3% in the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after purchasing an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 5.6% during the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after purchasing an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $179.56 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company has a market cap of $47.39 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a 50-day moving average of $179.32 and a 200-day moving average of $172.93.

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.