Commonwealth Equity Services LLC Has $176.37 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Commonwealth Equity Services LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,198,670 shares of the company’s stock after buying an additional 178,863 shares during the period. Commonwealth Equity Services LLC owned about 0.53% of iShares MSCI USA Quality Factor ETF worth $176,372,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Baystate Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.2% during the 4th quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock valued at $24,914,000 after buying an additional 1,997 shares during the period. Western Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.8% in the 3rd quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock valued at $4,508,000 after purchasing an additional 2,163 shares during the last quarter. Millington Financial Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock valued at $2,863,000 after purchasing an additional 296 shares during the last quarter. Mather Group LLC. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 111.8% in the 4th quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock valued at $730,000 after purchasing an additional 2,618 shares during the last quarter. Finally, Day & Ennis LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.2% in the 4th quarter. Day & Ennis LLC now owns 75,901 shares of the company’s stock valued at $11,168,000 after purchasing an additional 898 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock traded down $0.77 on Thursday, hitting $156.19. The company’s stock had a trading volume of 1,627,036 shares. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm’s fifty day moving average price is $161.01 and its 200-day moving average price is $150.26. The stock has a market capitalization of $41.22 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.