MONECO Advisors LLC Boosts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MONECO Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,946 shares of the company’s stock after buying an additional 106 shares during the period. MONECO Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,190,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in QUAL. Provident Investment Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 5.8% in the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after acquiring an additional 614 shares in the last quarter. Annandale Capital LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after purchasing an additional 363 shares during the period. Calamos Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 26.8% during the 2nd 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 in the last quarter. Crestwood Advisors Group LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 103.2% in the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after buying an additional 11,711 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 4.2% in the 1st 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

BATS:QUAL traded up $0.33 on Tuesday, reaching $180.09. 566,145 shares of the company’s stock traded hands. The stock has a 50-day simple moving average of $178.02 and a 200-day simple moving average of $170.98. 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 $47.53 billion, a PE ratio of 23.03 and a beta of 1.03.

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.