Silver Lake Advisory LLC Makes New $3.10 Million Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Silver Lake Advisory LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,157 shares of the company’s stock, valued at approximately $3,100,000.

Several other large investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock worth $3,936,223,000 after acquiring an additional 744,380 shares in the last quarter. UBS Group AG grew its holdings in iShares MSCI USA Quality Factor ETF by 4.9% during the 4th quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock valued at $629,175,000 after buying an additional 200,655 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of iShares MSCI USA Quality Factor ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after buying an additional 897,256 shares during the period. M&T Bank Corp lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock worth $539,416,000 after buying an additional 59,771 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 5.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after acquiring an additional 172,340 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.1 %

BATS:QUAL traded up $0.10 during mid-day trading on Friday, hitting $174.63. 904,446 shares of the stock traded hands. The business’s 50-day moving average price is $170.88 and its 200 day moving average price is $164.38. The company has a market cap of $46.08 billion, a PE 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.

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.