Milestone Asset Management LLC Purchases 5,527 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Milestone Asset Management LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 100.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,012 shares of the company’s stock after acquiring an additional 5,527 shares during the period. Milestone Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,142,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Walkner Condon Financial Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $213,000. Coordinated Financial Services Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $980,000. Wealthcare Advisory Partners LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock valued at $11,106,000 after acquiring an additional 3,611 shares in the last quarter. Etesian Wealth Advisors Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock valued at $850,000 after acquiring an additional 417 shares during the period. Finally, Sage Advisory Services Ltd.Co. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 38,317 shares of the company’s stock worth $7,005,000 after purchasing an additional 638 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $200.99 on Thursday. The stock has a market capitalization of $58.28 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average is $196.54 and its 200 day moving average is $190.35. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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