Farther Finance Advisors LLC Has $28.55 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Farther Finance Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 159,202 shares of the company’s stock after purchasing an additional 5,295 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 1.1% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 12th largest position. Farther Finance Advisors LLC owned approximately 0.06% of iShares MSCI USA Quality Factor ETF worth $28,545,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during 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 acquiring an additional 999,735 shares during the period. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.6% during the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after acquiring an additional 727,760 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of 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 during the period. Envestnet Portfolio Solutions Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 5.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after purchasing an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after buying an additional 73,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $177.09 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market capitalization of $46.73 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s 50-day moving average is $178.18 and its 200 day moving average is $171.35.

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.