4,705 Shares in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,705 shares of the company’s stock, valued at approximately $803,000.

Several other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in 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 worth $4,787,771,000 after acquiring an additional 999,735 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of 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 purchasing 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 purchasing an additional 911,104 shares during the last quarter. 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 period. Finally, Liberty Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 738.8% in the second quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after purchasing an additional 686,255 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.3 %

Shares of BATS:QUAL opened at $178.40 on Friday. The firm has a market cap of $47.08 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock’s 50-day moving average price is $172.96 and its two-hundred day moving average price is $167.83. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.