W Advisors LLC Has $1.94 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

W Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.5% during the second quarter, HoldingsChannel reports. The firm owned 11,367 shares of the company’s stock after acquiring an additional 793 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 1.3% of W Advisors LLC’s holdings, making the stock its 18th largest position. W Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,941,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Cetera Investment Advisers lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% in 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 last quarter. Scarborough Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1,460.0% in the 4th quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock worth $143,242,000 after acquiring an additional 911,104 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 30.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after buying an additional 897,256 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings 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 valued at $3,936,223,000 after purchasing an additional 744,380 shares during the period. Finally, Strategic Financial Concepts LLC increased its stake in iShares MSCI USA Quality Factor ETF by 22,145.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 623,541 shares of the company’s stock valued at $1,065,000 after purchasing an additional 620,738 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $170.66 on Friday. The stock has a 50 day moving average price of $172.30 and a two-hundred day moving average price of $166.72. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a market capitalization of $45.04 billion, a P/E 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.