Scarborough Advisors LLC Has $40.89 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Scarborough Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 132.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 239,446 shares of the company’s stock after buying an additional 136,615 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 16.8% of Scarborough Advisors LLC’s investment portfolio, making the stock its largest position. Scarborough Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $40,888,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of QUAL. Meeder Advisory Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $343,000. Oppenheimer & Co. Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 92.4% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 8,278 shares of the company’s stock valued at $1,414,000 after buying an additional 3,975 shares during the last quarter. Wealthgarden F.S. LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $4,528,000. PFG Advisors lifted its position in iShares MSCI USA Quality Factor ETF by 12.0% during the second quarter. PFG Advisors now owns 94,522 shares of the company’s stock worth $16,141,000 after acquiring an additional 10,143 shares during the last quarter. Finally, BOKF NA lifted its position in iShares MSCI USA Quality Factor ETF by 63.8% during the second quarter. BOKF NA now owns 624 shares of the company’s stock worth $107,000 after acquiring an additional 243 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.7 %

iShares MSCI USA Quality Factor ETF stock opened at $176.06 on Friday. The company has a market capitalization of $46.46 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock’s 50 day moving average is $172.50 and its 200-day moving average is $167.09.

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.