Facet Wealth Inc. Raises Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Facet Wealth Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,300,180 shares of the company’s stock after purchasing an additional 334,234 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 10.4% of Facet Wealth Inc.’s investment portfolio, making the stock its 4th largest holding. Facet Wealth Inc. owned about 1.14% of iShares MSCI USA Quality Factor ETF worth $724,159,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after buying an additional 2,357,971 shares during the last quarter. MML Investors Services LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after buying an additional 44,285 shares during the last quarter. Focus Partners Wealth raised its stake in shares of iShares MSCI USA Quality Factor ETF by 11.2% during the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after acquiring an additional 240,881 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 3.1% in the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after acquiring an additional 62,154 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after purchasing an additional 964,500 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.8%

Shares of QUAL stock opened at $227.18 on Friday. The business’s fifty day simple moving average is $218.38 and its 200-day simple moving average is $208.80. The company has a market cap of $65.87 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $185.88 and a 12-month high of $227.32.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.