Patten & Patten Inc. TN Acquires Shares of 11,047 iShares MSCI USA Quality Factor ETF $QUAL

Patten & Patten Inc. TN bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 3rd quarter, Holdings Channel.com reports. The fund bought 11,047 shares of the company’s stock, valued at approximately $2,149,000.

A number of other institutional investors have also modified their holdings of the stock. Gallagher Fiduciary Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF by 13,080.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after purchasing an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC raised its stake in iShares MSCI USA Quality Factor ETF by 72,284.9% during the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after buying an additional 2,434,556 shares in the last quarter. Symphony Financial Ltd. Co. lifted its holdings in iShares MSCI USA Quality Factor ETF by 4,818.8% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after buying an additional 1,681,568 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $305,974,000. Finally, Cerity Partners LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after acquiring an additional 1,065,946 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 14.8%

QUAL stock opened at $202.71 on Friday. The stock’s 50 day simple moving average is $199.21 and its 200 day simple moving average is $193.62. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The firm has a market cap of $58.78 billion, a P/E 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.