51,001 Shares in iShares MSCI USA Quality Factor ETF $QUAL Acquired by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 51,001 shares of the company’s stock, valued at approximately $9,920,000. iShares MSCI USA Quality Factor ETF comprises approximately 1.3% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 14th largest holding.

A number of other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after buying an additional 50,889 shares during the last quarter. Cerity Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 39.6% during the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after acquiring an additional 1,065,946 shares during the last quarter. MML Investors Services LLC lifted its position in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after acquiring an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 3,005,601 shares of the company’s stock valued at $584,589,000 after acquiring an additional 51,076 shares during the period. Finally, Blue Trust Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock valued at $532,525,000 after purchasing an additional 76,969 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.4%

Shares of BATS:QUAL opened at $199.52 on Thursday. The company has a market cap of $57.85 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50 day moving average price of $202.56 and a 200 day moving average price of $197.56. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65.

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.