iShares MSCI USA Quality Factor ETF (BATS:QUAL) Holdings Lifted by KCM Investment Advisors LLC

KCM Investment Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,209 shares of the company’s stock after purchasing an additional 140 shares during the quarter. KCM Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,651,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% in 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 purchasing an additional 999,735 shares during the period. Cetera Investment Advisers raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after acquiring an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. boosted its position in 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 valued at $821,412,000 after purchasing an additional 863,219 shares during the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after purchasing an additional 727,760 shares during the last quarter. Finally, Liberty Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $179.56 on Friday. The company has a market capitalization of $47.39 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock’s 50 day moving average price is $179.32 and its 200 day moving average price is $172.93.

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.