Heritage Family Offices LLP Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Heritage Family Offices LLP lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,817 shares of the company’s stock after purchasing an additional 181 shares during the quarter. Heritage Family Offices LLP’s holdings in iShares MSCI USA Quality Factor ETF were worth $505,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after acquiring an additional 999,735 shares during the period. Cetera Investment Advisers boosted its holdings in iShares MSCI USA Quality Factor ETF by 141.3% during the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after acquiring an additional 982,323 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares during the period. LPL Financial LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 5.6% during the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after acquiring an additional 727,760 shares during the period. Finally, Liberty Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after acquiring an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $181.92 on Thursday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business has a 50-day moving average of $176.52 and a 200 day moving average of $169.88. The stock has a market capitalization of $48.01 billion, a PE ratio of 23.03 and a beta of 1.03.

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.