Cetera Investment Advisers Buys 140,769 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cetera Investment Advisers boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,818,433 shares of the company’s stock after acquiring an additional 140,769 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.7% of Cetera Investment Advisers’ holdings, making the stock its 16th biggest position. Cetera Investment Advisers owned about 0.69% of iShares MSCI USA Quality Factor ETF worth $310,516,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake 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 acquiring an additional 999,735 shares during the period. Scarborough Advisors LLC boosted its position in 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 period. Ameriprise Financial Inc. increased its stake in shares of 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 purchasing an additional 863,219 shares in the last quarter. LPL Financial LLC raised 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 lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

QUAL opened at $179.19 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company has a market cap of $47.29 billion, a PE ratio of 23.03 and a beta of 1.03. The company has a 50 day moving average of $173.50 and a 200 day moving average of $168.45.

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.