Valence8 US LP grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 12.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 337,472 shares of the company’s stock after purchasing an additional 36,424 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 25.1% of Valence8 US LP’s holdings, making the stock its largest holding. Valence8 US LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $60,509,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake 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 valued at $4,787,771,000 after buying an additional 999,735 shares during the period. LPL Financial LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. Ameriprise Financial Inc. increased its stake 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 valued at $821,412,000 after buying an additional 863,219 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake 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 valued at $530,462,000 after buying an additional 172,340 shares during the period. Finally, Bank of New York Mellon Corp increased its stake 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 valued at $405,113,000 after buying an additional 73,653 shares during the period.
iShares MSCI USA Quality Factor ETF Trading Up 0.7 %
Shares of iShares MSCI USA Quality Factor ETF stock opened at $182.08 on Friday. The firm has a market cap of $48.05 billion, a P/E 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 stock’s fifty day moving average price is $179.92 and its 200-day moving average price is $173.66.
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.
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