Per Stirling Capital Management LLC. Buys 6,881 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Per Stirling Capital Management LLC. grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 19.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,028 shares of the company’s stock after buying an additional 6,881 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.0% of Per Stirling Capital Management LLC.’s investment portfolio, making the stock its 28th biggest holding. Per Stirling Capital Management LLC.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,866,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after purchasing an additional 624,581 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after purchasing an additional 50,889 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after buying an additional 324,478 shares during the period. CWM LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock worth $619,236,000 after buying an additional 64,226 shares in the last quarter. Finally, Orgel Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 56.8% in the 2nd quarter. Orgel Wealth Management LLC now owns 2,954,525 shares of the company’s stock valued at $540,146,000 after buying an additional 1,070,608 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $199.72 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The stock’s 50 day moving average price is $195.41 and its two-hundred day moving average price is $188.36. The stock has a market capitalization of $57.91 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.