iShares MSCI USA Quality Factor ETF $QUAL is Heck Capital Advisors LLC’s 10th Largest Position

Heck Capital Advisors LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 156,115 shares of the company’s stock after selling 11,218 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 2.3% of Heck Capital Advisors LLC’s holdings, making the stock its 10th biggest position. Heck Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock valued at $5,937,618,000 after purchasing an additional 624,581 shares during the last quarter. JPMorgan Chase & Co. increased its position 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 worth $1,281,996,000 after purchasing an additional 50,889 shares during the last quarter. Cerity Partners LLC raised its stake in shares of 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 purchasing an additional 1,065,946 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of 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 valued at $631,514,000 after buying an additional 44,285 shares during the last quarter. Finally, CWM LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the 2nd quarter. CWM LLC now owns 3,387,135 shares of the company’s stock valued at $619,236,000 after buying an additional 64,226 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $204.10 on Friday. The company has a market capitalization of $59.18 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average price is $197.68 and its 200 day moving average price is $192.14. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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.