Granite Bay Wealth Management LLC Purchases 633 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Granite Bay Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,933 shares of the company’s stock after purchasing an additional 633 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 0.3% of Granite Bay Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Granite Bay Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $526,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of QUAL. Envestnet Asset Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after buying an additional 999,735 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.6% during the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after acquiring an additional 727,760 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares MSCI USA Quality Factor ETF by 5.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after acquiring an additional 172,340 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in iShares MSCI USA Quality Factor ETF by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock worth $405,113,000 after purchasing an additional 73,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.0 %

iShares MSCI USA Quality Factor ETF stock opened at $178.36 on Friday. The company has a market capitalization of $47.07 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average price of $174.16 and a two-hundred day moving average price of $168.81. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

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.