Axim Planning & Wealth Increases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Axim Planning & Wealth raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,854 shares of the company’s stock after purchasing an additional 725 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 0.6% of Axim Planning & Wealth’s investment portfolio, making the stock its 8th largest holding. Axim Planning & Wealth’s holdings in iShares MSCI USA Quality Factor ETF were worth $512,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after buying an additional 999,735 shares during the period. Cetera Investment Advisers raised 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 valued at $275,724,000 after acquiring an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after acquiring an additional 863,219 shares during the period. LPL Financial LLC grew 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 worth $2,352,213,000 after acquiring an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC increased its position 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 purchasing an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $183.62 on Thursday. The company has a 50 day moving average price of $178.93 and a 200-day moving average price of $172.78. 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 stock has a market capitalization of $48.46 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.