CGN Advisors LLC Increases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

CGN Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% in the 4th quarter, Holdings Channel reports. The firm owned 108,559 shares of the company’s stock after acquiring an additional 806 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.9% of CGN Advisors LLC’s investment portfolio, making the stock its 10th largest holding. CGN Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,332,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC lifted its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after buying an additional 863,219 shares in the last quarter. M&T Bank Corp increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the last quarter. Finally, MML Investors Services LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after buying an additional 170,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $180.68 on Friday. The company has a market cap of $47.68 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock’s 50 day simple moving average is $181.78 and its two-hundred day simple moving average is $177.74.

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.