Quadrant Private Wealth Management LLC Purchases 4,796 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Quadrant Private Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,806 shares of the company’s stock after purchasing an additional 4,796 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.9% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Quadrant Private Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,106,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QUAL. OVERSEA CHINESE BANKING Corp Ltd increased its position in iShares MSCI USA Quality Factor ETF by 2,898.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after buying an additional 7,368,058 shares during the period. BNP Paribas Financial Markets grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the first quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock valued at $462,276,000 after acquiring an additional 2,705,033 shares in the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 7.8% during the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after acquiring an additional 1,318,823 shares during the period. Focus Partners Wealth increased its position in iShares MSCI USA Quality Factor ETF by 213.6% during the first quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after acquiring an additional 1,288,398 shares during the period. Finally, Liberty Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 995.9% in the 1st quarter. Liberty Wealth Management LLC now owns 1,312,382 shares of the company’s stock worth $224,273,000 after purchasing an additional 1,192,632 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 9.4%

Shares of BATS:QUAL opened at $193.17 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The company’s 50 day moving average price is $193.54 and its two-hundred day moving average price is $184.95. The firm has a market cap of $56.01 billion, a PE ratio of 25.59 and a beta of 1.05.

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.