Activest Wealth Management Raises Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Activest Wealth Management grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1,661.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,361 shares of the company’s stock after purchasing an additional 10,716 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 0.4% of Activest Wealth Management’s portfolio, making the stock its 24th biggest holding. Activest Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,198,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of QUAL. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Quality Factor ETF by 2.0% during the second 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 period. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 50,889 shares during the period. Cerity Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% during the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after buying an additional 1,065,946 shares during the period. MML Investors Services LLC lifted its stake 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 valued at $631,514,000 after purchasing an additional 44,285 shares during the last quarter. Finally, CWM LLC increased its position 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 acquiring an additional 64,226 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 15.7%

BATS:QUAL opened at $204.39 on Thursday. The stock’s fifty day moving average is $199.95 and its two-hundred day moving average is $194.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The stock has a market capitalization of $59.26 billion, a price-to-earnings 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.