iShares MSCI USA Quality Factor ETF (BATS:QUAL) Position Increased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,106,475 shares of the company’s stock after acquiring an additional 172,340 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.9% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 14th largest holding. Envestnet Portfolio Solutions Inc. owned about 1.18% of iShares MSCI USA Quality Factor ETF worth $530,462,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of QUAL. Bedel Financial Consulting Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock worth $3,009,000 after acquiring an additional 65 shares during the period. Integrated Advisors Network LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.9% in the 4th quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock valued at $1,110,000 after buying an additional 66 shares in the last quarter. NBC Securities Inc. grew its position in iShares MSCI USA Quality Factor ETF by 27.2% in the 1st quarter. NBC Securities Inc. now owns 309 shares of the company’s stock valued at $51,000 after buying an additional 66 shares in the last quarter. Carolinas Wealth Consulting LLC increased its stake in iShares MSCI USA Quality Factor ETF by 2.9% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock valued at $349,000 after buying an additional 67 shares during the period. Finally, Elevate Wealth Advisory Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 1,981 shares of the company’s stock worth $326,000 after buying an additional 68 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded up $0.37 during mid-day trading on Wednesday, hitting $171.42. 925,355 shares of the stock traded hands. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company’s 50-day simple moving average is $170.76 and its 200-day simple moving average is $164.30. The firm has a market cap of $45.24 billion, a price-to-earnings 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.