Peddock Capital Advisors LLC Has $3.46 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Peddock Capital Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,279 shares of the company’s stock after acquiring an additional 1,294 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 0.8% of Peddock Capital Advisors LLC’s holdings, making the stock its 25th largest position. Peddock Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,457,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in QUAL. Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% during 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 acquiring an additional 999,735 shares during the period. Cetera Investment Advisers grew its position in iShares MSCI USA Quality Factor ETF by 141.3% in 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 in the last quarter. Scarborough Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 1,460.0% in 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 in the last quarter. Ameriprise Financial Inc. grew its position in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after acquiring an additional 863,219 shares in the last quarter. Finally, LPL Financial LLC grew its position in 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 worth $2,352,213,000 after acquiring an additional 727,760 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL traded up $1.79 during trading hours on Wednesday, hitting $179.38. 891,907 shares of the stock were exchanged. The company’s 50 day moving average is $174.74 and its 200 day moving average is $169.19. The firm has a market capitalization of $47.34 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.