Vicus Capital Invests $206,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Vicus Capital acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,150 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised 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 valued at $4,787,771,000 after purchasing an additional 999,735 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 141.3% during 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. raised its holdings in shares of 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 buying an additional 863,219 shares during the last quarter. LPL Financial LLC raised its stake 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 acquiring an additional 727,760 shares during the last quarter. Finally, Liberty Wealth Management LLC raised its stake 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 purchasing an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.3 %

Shares of BATS QUAL opened at $181.41 on Wednesday. The stock has a market cap of $47.87 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company has a 50 day simple moving average of $177.56 and a two-hundred day simple moving average of $170.48. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month 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.