Oppenheimer & Co. Inc. Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Oppenheimer & Co. Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,570 shares of the company’s stock after purchasing an additional 292 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,537,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of QUAL. Envestnet Asset Management Inc. increased its stake in 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 buying an additional 999,735 shares during the period. Cetera Investment Advisers increased its stake 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 worth $275,724,000 after acquiring an additional 982,323 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares in the last quarter. LPL Financial LLC lifted its position in iShares MSCI USA Quality Factor ETF by 5.6% in the second 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 during the period. Finally, Liberty Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 738.8% in 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.6 %

BATS QUAL opened at $179.56 on Monday. The business’s 50 day moving average is $179.50 and its two-hundred day moving average is $173.18. The stock has a market capitalization of $47.39 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.

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.