Bank of Nova Scotia Grows Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Bank of Nova Scotia grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 65.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,465 shares of the company’s stock after acquiring an additional 44,720 shares during the period. Bank of Nova Scotia’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,069,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in iShares MSCI USA Quality Factor ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after purchasing an additional 50,889 shares during the last quarter. Cerity Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after buying an additional 1,065,946 shares during the last quarter. MML Investors Services LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after buying an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 3,005,601 shares of the company’s stock valued at $584,589,000 after buying an additional 51,076 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock valued at $532,525,000 after buying an additional 76,969 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.9%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $196.98 on Tuesday. The business has a 50 day moving average of $202.34 and a 200 day moving average of $197.77. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $205.65. The company has a market cap of $57.11 billion, a PE ratio of 25.59 and a beta of 1.05.

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