Facet Wealth Inc. Grows Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Facet Wealth Inc. increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,628,686 shares of the company’s stock after buying an additional 125,483 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 10.6% of Facet Wealth Inc.’s holdings, making the stock its 3rd largest holding. Facet Wealth Inc. owned approximately 0.91% of iShares MSCI USA Quality Factor ETF worth $511,279,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after acquiring an additional 624,581 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock worth $1,281,996,000 after purchasing an additional 50,889 shares during the last quarter. Cerity Partners LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter. MML Investors Services LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after buying an additional 44,285 shares during the period. Finally, CWM LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock valued at $619,236,000 after buying an additional 64,226 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $202.57 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The company has a market cap of $58.74 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average price is $199.04 and its 200-day moving average price is $193.42.

About iShares MSCI USA Quality Factor ETF

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.