King Luther Capital Management Corp Takes $266,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

King Luther Capital Management Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 3rd quarter, Holdings Channel.com reports. The fund bought 1,483 shares of the company’s stock, valued at approximately $266,000.

Several other large investors also recently bought and sold shares of QUAL. Envestnet Asset Management Inc. raised its holdings 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 in the last quarter. Cetera Investment Advisers raised its stake in iShares MSCI USA Quality Factor ETF by 141.3% in the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after buying an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in 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 buying an additional 863,219 shares during the last quarter. LPL Financial LLC lifted its holdings in 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 buying an additional 727,760 shares during the last quarter. Finally, Liberty Wealth Management LLC boosted its position 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 worth $133,047,000 after acquiring an additional 686,255 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $182.75 on Monday. The stock’s 50-day simple moving average is $180.16 and its 200-day simple moving average is $173.95. The firm has a market capitalization of $48.23 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.