iShares MSCI USA Quality Factor ETF $QUAL Stock Acquired by Parallel Advisors LLC

Parallel Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 173,301 shares of the company’s stock after buying an additional 26,799 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $38,514,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of QUAL. Noble Wealth Partners LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $5,225,000. Uptick Partners LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 32.5% in the first quarter. Uptick Partners LLC now owns 10,331 shares of the company’s stock worth $1,982,000 after purchasing an additional 2,533 shares during the last quarter. Carnegie Investment Counsel lifted its stake in iShares MSCI USA Quality Factor ETF by 14.9% in the third quarter. Carnegie Investment Counsel now owns 19,645 shares of the company’s stock worth $4,366,000 after purchasing an additional 2,544 shares during the last quarter. Centaurus Financial Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 2.4% during the first quarter. Centaurus Financial Inc. now owns 151,213 shares of the company’s stock valued at $29,004,000 after buying an additional 3,523 shares during the period. Finally, Sapient Capital LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the second quarter valued at about $540,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

Shares of BATS:QUAL traded up $0.04 on Friday, reaching $54.83. 5,167,465 shares of the company traded hands, compared to its average volume of 6,246,278. The business’s 50-day simple moving average is $55.77 and its 200 day simple moving average is $53.26. iShares MSCI USA Quality Factor ETF has a 52 week low of $46.47 and a 52 week high of $57.03. The stock has a market capitalization of $15.90 billion, a P/E ratio of 25.59 and a beta of 1.05.

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