Eastern Bank Has $40.13 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Eastern Bank raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 158.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 223,800 shares of the company’s stock after buying an additional 137,174 shares during the quarter. Eastern Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $40,127,000 at the end of the most recent reporting period.

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

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock traded down $0.45 during mid-day trading on Tuesday, reaching $181.97. 717,273 shares of the company traded hands. The company has a market capitalization of $48.02 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average is $177.36 and its two-hundred day moving average is $170.35. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week 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.