iShares MSCI USA Quality Factor ETF $QUAL Stock Acquired by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,977 shares of the company’s stock after purchasing an additional 2,251 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 3.6% of Kraft Davis & Associates LLC’s portfolio, making the stock its 6th biggest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,373,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QUAL. Bank of America Corp DE grew its holdings in iShares MSCI USA Quality Factor ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after buying an additional 2,357,971 shares in the last quarter. AdvisorShares Investments LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 1st quarter worth $70,161,000. Facet Wealth Inc. increased its position in iShares MSCI USA Quality Factor ETF by 11.3% during the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after buying an additional 334,234 shares during the period. Unison Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 61.6% during the 1st quarter. Unison Advisors LLC now owns 603,217 shares of the company’s stock worth $115,703,000 after buying an additional 229,969 shares during the period. Finally, Elevation Point Wealth Partners LLC increased its position in iShares MSCI USA Quality Factor ETF by 263.8% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 176,633 shares of the company’s stock worth $33,880,000 after buying an additional 128,082 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $226.06 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $185.88 and a fifty-two week high of $228.13. The company has a market capitalization of $65.55 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a fifty day moving average of $223.40 and a 200-day moving average of $217.00.

Shares of iShares MSCI USA Quality Factor ETF are set to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares MSCI USA Quality Factor ETF 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.