Harbour Investments Inc. Grows Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Harbour Investments Inc. grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,038 shares of the company’s stock after buying an additional 545 shares during the period. Harbour Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,179,000 at the end of the most recent quarter.

Other institutional investors and hedge funds 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% in the second 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 in the last quarter. Cetera Investment Advisers grew its position 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 worth $275,724,000 after purchasing an additional 982,323 shares during the last quarter. Ameriprise Financial Inc. grew its position 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 worth $821,412,000 after purchasing an additional 863,219 shares during the last quarter. LPL Financial LLC increased its stake 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 purchasing an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock worth $133,047,000 after buying an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $184.32 on Tuesday. The company has a market cap of $48.64 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock’s fifty day moving average price is $178.59 and its 200 day moving average price is $172.42. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.