EverSource Wealth Advisors LLC Has $1.79 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

EverSource Wealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 66.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,439 shares of the company’s stock after purchasing an additional 4,149 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,793,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Provident Investment Management Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock valued at $1,903,000 after buying an additional 614 shares during the period. American Trust bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $21,979,000. Relative Value Partners Group LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 24.9% during the fourth quarter. Relative Value Partners Group LLC now owns 22,776 shares of the company’s stock worth $3,351,000 after acquiring an additional 4,547 shares during the period. Cetera Advisor Networks LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.3% in the fourth quarter. Cetera Advisor Networks LLC now owns 476,934 shares of the company’s stock valued at $70,176,000 after purchasing an additional 36,469 shares in the last quarter. Finally, Scarborough Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1,460.0% in the 4th quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock valued at $143,242,000 after acquiring an additional 911,104 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.3 %

Shares of QUAL stock opened at $178.40 on Monday. The company’s fifty day simple moving average is $172.96 and its 200-day simple moving average is $167.88. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm has a market cap of $47.08 billion, a PE ratio of 23.03 and a beta of 1.03.

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.