HCR Wealth Advisors Acquires 205 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

HCR Wealth Advisors grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,578 shares of the company’s stock after acquiring an additional 205 shares during the quarter. HCR Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $283,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after buying an additional 999,735 shares during the period. LPL Financial LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 5.6% during the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after buying an additional 727,760 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after buying an additional 863,219 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 5.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after buying an additional 172,340 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock worth $405,113,000 after buying an additional 73,653 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $181.43 on Friday. The stock has a market capitalization of $47.88 billion, a P/E ratio of 23.03 and a beta of 1.03. The business has a 50-day moving average of $175.40 and a 200-day moving average of $169.47. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.