iShares MSCI USA Quality Factor ETF $QUAL Position Boosted by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 63.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,265 shares of the company’s stock after acquiring an additional 6,287 shares during the quarter. Manning & Napier Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,120,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Hsbc Holdings PLC boosted its position in iShares MSCI USA Quality Factor ETF by 3.4% during the 1st quarter. Hsbc Holdings PLC now owns 38,665 shares of the company’s stock worth $7,416,000 after acquiring an additional 1,287 shares during the period. Accredited Investors Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 541.3% during the first quarter. Accredited Investors Inc. now owns 6,657 shares of the company’s stock valued at $1,277,000 after purchasing an additional 5,619 shares during the period. Beacon Financial Group raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the first quarter. Beacon Financial Group now owns 28,135 shares of the company’s stock valued at $5,396,000 after purchasing an additional 110 shares in the last quarter. Ibex Wealth Advisors bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $783,000. Finally, Personal CFO Solutions LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $1,471,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

QUAL stock traded up $1.19 during trading on Friday, hitting $219.69. The company had a trading volume of 1,370,117 shares, compared to its average volume of 1,894,405. The business has a 50 day moving average of $214.46 and a 200 day moving average of $205.54. The firm has a market capitalization of $63.70 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.55 and a fifty-two week high of $220.24.

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.