UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys Shares of 13,200 iShares MSCI USA Quality Factor ETF (BATS:QUAL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the third quarter, HoldingsChannel reports. The firm purchased 13,200 shares of the company’s stock, valued at approximately $2,367,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Lantz Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 5.9% during the second quarter. Lantz Financial LLC now owns 28,397 shares of the company’s stock worth $4,849,000 after purchasing an additional 1,589 shares in the last quarter. Raymond James & Associates grew its position in iShares MSCI USA Quality Factor ETF by 10.3% in the 2nd quarter. Raymond James & Associates now owns 939,912 shares of the company’s stock valued at $160,499,000 after acquiring an additional 87,867 shares in the last quarter. Meridian Investment Counsel Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth about $1,065,000. Apollon Financial LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 8.6% in the second quarter. Apollon Financial LLC now owns 19,546 shares of the company’s stock valued at $3,338,000 after purchasing an additional 1,550 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 869,539 shares of the company’s stock valued at $148,483,000 after purchasing an additional 88,014 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.4 %

iShares MSCI USA Quality Factor ETF stock opened at $183.96 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market cap of $48.55 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s 50 day moving average is $182.22 and its two-hundred day moving average is $176.02.

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.