Mather Group LLC. Purchases 2,648 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Mather Group LLC. boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 53.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,602 shares of the company’s stock after buying an additional 2,648 shares during the period. Mather Group LLC.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,689,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. West Wealth Group LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.2% during the third quarter. West Wealth Group LLC now owns 43,965 shares of the company’s stock valued at $9,771,000 after buying an additional 954 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 0.8% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 256,011 shares of the company’s stock worth $56,896,000 after buying an additional 2,110 shares in the last quarter. Lodestone Wealth Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 2.7% in the 3rd quarter. Lodestone Wealth Management LLC now owns 2,187 shares of the company’s stock worth $486,000 after buying an additional 57 shares in the last quarter. Aspen Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 4.8% in the 3rd quarter. Aspen Wealth Management LLC now owns 256,465 shares of the company’s stock worth $56,997,000 after buying an additional 11,719 shares during the last quarter. Finally, Shore Point Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.2% in the 3rd quarter. Shore Point Advisors LLC now owns 10,129 shares of the company’s stock worth $2,251,000 after buying an additional 122 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.8%

BATS:QUAL traded down $1.79 during mid-day trading on Friday, reaching $224.93. The company’s stock had a trading volume of 1,590,535 shares, compared to its average volume of 1,572,709. The stock has a market cap of $65.22 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm’s fifty day moving average price is $223.38 and its two-hundred day moving average price is $216.09. iShares MSCI USA Quality Factor ETF has a 12-month low of $185.88 and a 12-month high of $228.13.

Shares of iShares MSCI USA Quality Factor ETF are scheduled to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Wednesday, November 4th.

About iShares MSCI USA Quality Factor ETF

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.