iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Holdings Increased by Principal Financial Group Inc.

Principal Financial Group Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 37.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 9,892 shares of the company’s stock after acquiring an additional 2,682 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,774,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in 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 valued at $4,787,771,000 after purchasing an additional 999,735 shares in the last quarter. LPL Financial LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 5.6% during the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after buying an additional 727,760 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 5.9% during the second 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 period. Finally, Bank of New York Mellon Corp raised its position in iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock worth $405,113,000 after acquiring an additional 73,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $182.75 on Friday. The company has a market capitalization of $48.23 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company’s 50 day simple moving average is $180.04 and its 200 day simple moving average is $173.72.

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.