iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,725,824 shares of the company’s stock after acquiring an additional 950,857 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.2% of LPL Financial LLC’s holdings, making the stock its 9th biggest position. LPL Financial LLC owned approximately 0.06% of iShares MSCI USA Quality Factor ETF worth $2,640,340,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares in the last quarter. Provident Investment Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 5.8% during the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after buying an additional 614 shares during the last quarter. Annandale Capital LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.4% during the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after buying an additional 363 shares during the last quarter. Calamos Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 26.8% during the second quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after buying an additional 365 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 103.2% during the second quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock valued at $3,937,000 after buying an additional 11,711 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $180.89 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market capitalization of $47.74 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s 50-day moving average is $179.80 and its 200 day moving average is $173.61.

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.