iShares MSCI USA Quality Factor ETF $QUAL Stake Boosted by Arkadios Wealth Advisors

Arkadios Wealth Advisors boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,217 shares of the company’s stock after purchasing an additional 5,223 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $3,932,000 at the end of the most recent quarter.

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

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $199.46 on Wednesday. The firm has a market capitalization of $57.83 billion, a P/E ratio of 25.59 and a beta of 1.05. The business has a 50 day simple moving average of $198.78 and a 200 day simple moving average of $193.29. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.