iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Townsquare Capital LLC

Townsquare Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,965 shares of the company’s stock after acquiring an additional 15,481 shares during the period. Townsquare Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,454,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after purchasing an additional 999,735 shares in the last quarter. FMR LLC raised its position in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC raised its position in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares in the last quarter. Ameriprise Financial Inc. raised 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 in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 5.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after acquiring an additional 172,340 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $184.59 on Wednesday. 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 $48.71 billion, a PE ratio of 23.03 and a beta of 1.03. The stock’s 50-day simple moving average is $180.44 and its 200-day simple moving average is $174.34.

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.