Blake Schutter Theil Wealth Advisors LLC Purchases New Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Blake Schutter Theil Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 14,205 shares of the company’s stock, valued at approximately $2,547,000. iShares MSCI USA Quality Factor ETF accounts for about 1.8% of Blake Schutter Theil Wealth Advisors LLC’s holdings, making the stock its 8th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after buying an additional 999,735 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after acquiring an additional 982,323 shares during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. LPL Financial LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after purchasing an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock worth $133,047,000 after buying an additional 686,255 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $182.15 on Thursday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business’s fifty day moving average price is $178.31 and its 200 day moving average price is $171.93. The firm has a market capitalization of $48.07 billion, a PE ratio of 23.03 and a beta of 1.03.

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.