iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Orgel Wealth Management LLC

Orgel Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 363,520 shares of the company’s stock after acquiring an additional 15,000 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.6% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Orgel Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $49,028,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 479.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 29,707,929 shares of the company’s stock valued at $3,685,714,000 after purchasing an additional 24,582,578 shares in the last quarter. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 2.0% during the first quarter. FMR LLC now owns 12,827,329 shares of the company’s stock worth $1,591,423,000 after acquiring an additional 257,139 shares during the period. LPL Financial LLC raised its stake in iShares MSCI USA Quality Factor ETF by 46.2% during the first quarter. LPL Financial LLC now owns 12,348,358 shares of the company’s stock worth $1,531,999,000 after acquiring an additional 3,901,463 shares during the period. BlackRock Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 145.7% during the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after acquiring an additional 4,051,296 shares during the period. Finally, Bank of America Corp DE raised its stake in iShares MSCI USA Quality Factor ETF by 27.3% during the first quarter. Bank of America Corp DE now owns 6,243,670 shares of the company’s stock worth $774,621,000 after acquiring an additional 1,340,899 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.5 %

QUAL traded down $2.10 on Friday, hitting $136.07. 1,002,897 shares of the company’s stock were exchanged. The firm has a market cap of $30.77 billion, a PE ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The stock has a fifty day moving average of $137.48 and a two-hundred day moving average of $129.80.

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.