Commonwealth Equity Services LLC Buys 178,863 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Commonwealth Equity Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,198,670 shares of the company’s stock after acquiring an additional 178,863 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $176,372,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in QUAL. Mission Wealth Management LP increased its position in shares of iShares MSCI USA Quality Factor ETF by 8.0% during the third quarter. Mission Wealth Management LP now owns 4,075 shares of the company’s stock worth $537,000 after acquiring an additional 303 shares in the last quarter. FinTrust Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $425,000. Raymond James Financial Services Advisors Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 30.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 543,349 shares of the company’s stock worth $71,608,000 after acquiring an additional 125,262 shares in the last quarter. Independent Advisor Alliance increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.4% during the third quarter. Independent Advisor Alliance now owns 2,052 shares of the company’s stock worth $270,000 after acquiring an additional 141 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 9.7% during the third quarter. J.W. Cole Advisors Inc. now owns 20,763 shares of the company’s stock worth $2,736,000 after acquiring an additional 1,842 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock traded down $0.77 during mid-day trading on Thursday, reaching $156.19. The company’s stock had a trading volume of 1,627,036 shares. The company has a market capitalization of $41.22 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The business’s 50 day simple moving average is $161.01 and its 200 day simple moving average is $150.26.

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.