Highline Wealth Partners LLC Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Highline Wealth Partners LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 681 shares of the company’s stock, valued at approximately $122,000.

Other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second 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 in the last quarter. Cetera Investment Advisers increased its position 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 worth $275,724,000 after purchasing an additional 982,323 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares in the last quarter. LPL Financial LLC raised its stake in shares of 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 valued at $2,352,213,000 after purchasing an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock worth $133,047,000 after purchasing an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.3 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $180.55 on Wednesday. The business has a 50-day moving average price of $178.12 and a 200 day moving average price of $171.13. 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 firm has a market cap of $47.65 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.