Lido Advisors LLC Acquires 77,625 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Lido Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 211.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,338 shares of the company’s stock after purchasing an additional 77,625 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,239,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Almanack Investment Partners LLC. grew its holdings in iShares MSCI USA Quality Factor ETF by 0.4% during the 3rd quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock valued at $2,541,000 after buying an additional 52 shares in the last quarter. Cape Investment Advisory Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after buying an additional 57 shares during the last quarter. Atlas Brown Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the third quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after buying an additional 57 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after buying an additional 58 shares in the last quarter. Finally, GFG Capital LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after acquiring an additional 59 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $196.98 on Tuesday. The stock has a market capitalization of $57.11 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a fifty day moving average of $202.34 and a 200 day moving average of $197.77. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.