iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by Kestra Investment Management LLC

Kestra Investment Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.4% in the third quarter, Holdings Channel.com reports. The fund owned 625,852 shares of the company’s stock after purchasing an additional 31,952 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 2.6% of Kestra Investment Management LLC’s investment portfolio, making the stock its 9th biggest position. Kestra Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $139,089,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares MSCI USA Quality Factor ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. Orgel Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock worth $736,892,000 after purchasing an additional 65,534 shares during the period. Facet Wealth Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 11.3% during the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after purchasing an additional 334,234 shares during the period. Royal Bank of Canada boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the 1st quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock worth $340,861,000 after purchasing an additional 49,616 shares during the period. Finally, Cetera Investment Advisers increased its holdings in iShares MSCI USA Quality Factor ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock valued at $301,918,000 after purchasing an additional 43,742 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $56.04 on Tuesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $46.47 and a fifty-two week high of $57.03. The firm has a 50 day moving average price of $55.77 and a 200 day moving average price of $53.29. The company has a market capitalization of $48.58 billion, a PE ratio of 25.60 and a beta of 1.00.

iShares MSCI USA Quality Factor ETF Company 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.