AE Wealth Management LLC Increases Holdings in iShares MSCI USA Quality Factor ETF $QUAL

AE Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 477,193 shares of the company’s stock after purchasing an additional 3,362 shares during the quarter. AE Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $92,814,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Avantra Family Wealth Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $1,493,000. Dynasty Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 18.3% during the third quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after purchasing an additional 90,195 shares during the last quarter. Cabot Wealth Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 8.7% in the third quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock valued at $8,177,000 after purchasing an additional 3,369 shares in the last quarter. Walkner Condon Financial Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $213,000. Finally, Insight Inv LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $1,016,000.

iShares MSCI USA Quality Factor ETF Trading Up 15.7%

Shares of BATS:QUAL opened at $204.39 on Thursday. The firm has a 50 day simple moving average of $199.95 and a 200-day simple moving average of $194.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a market capitalization of $59.26 billion, a PE 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.