iShares MSCI USA Quality Factor ETF $QUAL Stock Position Raised by Founders Financial Securities LLC

Founders Financial Securities LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 86.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,358 shares of the company’s stock after buying an additional 16,856 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,080,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the business. Northwest Financial Advisors grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.8% during the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after purchasing an additional 53 shares during the period. Sherman Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.3% in the 2nd quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock valued at $4,548,000 after buying an additional 53 shares in the last quarter. Signature Equity Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 12.6% in the first quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock valued at $94,000 after acquiring an additional 55 shares in the last quarter. Asset Allocation Strategies LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.2% during the 2nd quarter. Asset Allocation Strategies LLC now owns 2,599 shares of the company’s stock worth $570,000 after purchasing an additional 57 shares during the last quarter. Finally, Lodestone Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.7% during the third quarter. Lodestone Wealth Management LLC now owns 2,187 shares of the company’s stock worth $486,000 after buying an additional 57 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $224.71 on Friday. The firm has a market cap of $65.15 billion, a PE ratio of 25.59 and a beta of 1.05. The firm has a 50 day simple moving average of $223.26 and a 200-day simple moving average of $212.46. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $228.13.

Shares of iShares MSCI USA Quality Factor ETF are set to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

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.