D.A. Davidson & CO. Increases Stake in iShares MSCI USA Quality Factor ETF $QUAL

D.A. Davidson & CO. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 605,588 shares of the company’s stock after purchasing an additional 5,890 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 0.7% of D.A. Davidson & CO.’s investment portfolio, making the stock its 29th biggest position. D.A. Davidson & CO.’s holdings in iShares MSCI USA Quality Factor ETF were worth $116,158,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after acquiring an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $81,990,000. Bison Wealth LLC grew its position in iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares during the last quarter. AQR Capital Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after purchasing an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $219.80 on Thursday. The company has a market capitalization of $63.73 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.55 and a fifty-two week high of $220.24. The stock has a 50 day moving average price of $215.12 and a two-hundred day moving average price of $205.97.

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