Thrivent Financial for Lutherans Has $88.37 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Thrivent Financial for Lutherans lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 274.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 454,367 shares of the company’s stock after purchasing an additional 333,133 shares during the period. Thrivent Financial for Lutherans owned 0.16% of iShares MSCI USA Quality Factor ETF worth $88,374,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of QUAL. Brighton Jones LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $81,990,000. Bison Wealth LLC grew its stake in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after acquiring an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 88.9% in the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after buying an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 14.6%

Shares of QUAL stock opened at $202.40 on Monday. The stock’s fifty day simple moving average is $200.47 and its 200 day simple moving average is $194.39. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market capitalization of $58.69 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.