Future Financial Wealth Managment LLC Acquires New Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Future Financial Wealth Managment LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the third quarter, HoldingsChannel.com reports. The firm bought 360 shares of the company’s stock, valued at approximately $65,000.

Other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 5.6% during 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. Ameriprise Financial Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd 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 last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 5.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after buying an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in iShares MSCI USA Quality Factor ETF by 3.2% during the 2nd 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 during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $180.61 on Thursday. 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 stock has a fifty day moving average of $174.74 and a two-hundred day moving average of $169.19. The company has a market capitalization of $47.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.