Bridges Investment Management Inc. Has $4.67 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bridges Investment Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1,347.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,373 shares of the company’s stock after buying an additional 25,482 shares during the period. Bridges Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,674,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in QUAL. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after buying an additional 999,735 shares during the period. Cetera Investment Advisers lifted its position in iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after acquiring an additional 982,323 shares during the last quarter. Scarborough Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1,460.0% during the fourth quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock worth $143,242,000 after acquiring an additional 911,104 shares during the period. LPL Financial LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 5.6% in the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after purchasing an additional 727,760 shares during the last quarter. Finally, Liberty Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock worth $133,047,000 after purchasing an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $179.02 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 stock has a market cap of $47.24 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a 50-day moving average of $172.88 and a 200-day moving average of $167.67.

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.