iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Boosted by Bush Investment Group LLC

Bush Investment Group LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 21.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,991 shares of the company’s stock after purchasing an additional 2,866 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 2.3% of Bush Investment Group LLC’s investment portfolio, making the stock its 7th largest holding. Bush Investment Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,628,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock valued at $3,936,223,000 after buying an additional 744,380 shares in the last quarter. UBS Group AG raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.9% during the 4th quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock valued at $629,175,000 after purchasing an additional 200,655 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 30.0% in the 4th quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after purchasing an additional 897,256 shares during the last quarter. M&T Bank Corp boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock worth $539,416,000 after purchasing an additional 59,771 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in iShares MSCI USA Quality Factor ETF by 4.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 2,934,135 shares of the company’s stock worth $482,225,000 after buying an additional 117,940 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.4 %

iShares MSCI USA Quality Factor ETF stock traded down $2.34 during trading hours on Friday, reaching $167.52. 1,076,019 shares of the company were exchanged. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm has a market cap of $44.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average of $170.62 and a 200 day moving average of $163.37.

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.