iShares MSCI USA Quality Factor ETF $QUAL Holdings Boosted by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 63.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,265 shares of the company’s stock after acquiring an additional 6,287 shares during the period. Manning & Napier Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,120,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $27,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

BATS:QUAL traded up $1.19 during mid-day trading on Friday, hitting $219.69. The stock had a trading volume of 1,370,117 shares, compared to its average volume of 1,894,405. The stock has a market capitalization of $63.70 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50 day simple moving average of $214.46 and a 200-day simple moving average of $205.54. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.55 and a 52 week high of $220.24.

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.