Janney Montgomery Scott LLC Has $165.96 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Janney Montgomery Scott LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% in the first quarter, HoldingsChannel reports. The fund owned 865,213 shares of the company’s stock after acquiring an additional 18,526 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $165,957,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. MML Investors Services LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after purchasing an additional 44,952 shares in the last quarter. Facet Wealth Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 9.9% in the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after buying an additional 259,414 shares during the last quarter. Focus Partners Wealth increased its stake in iShares MSCI USA Quality Factor ETF by 11.2% in the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after buying an additional 240,881 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 3.1% during the 3rd quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after buying an additional 62,154 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $213.66 on Friday. The stock has a 50 day moving average price of $212.03 and a 200 day moving average price of $204.17. iShares MSCI USA Quality Factor ETF has a 52 week low of $180.66 and a 52 week high of $219.82. The stock has a market capitalization of $61.95 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.