Austin Private Wealth LLC Raises Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Austin Private Wealth LLC raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 415,220 shares of the company’s stock after purchasing an additional 23,630 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 7.2% of Austin Private Wealth LLC’s holdings, making the stock its 2nd biggest holding. Austin Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $74,449,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC grew its position in iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after purchasing an additional 227 shares during the period. Provident Investment Management Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% during the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock valued at $1,903,000 after buying an additional 614 shares during the last quarter. Annandale Capital LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after acquiring an additional 363 shares during the last quarter. Calamos Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 26.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after acquiring an additional 365 shares in the last quarter. Finally, Crestwood Advisors Group LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 103.2% during the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock valued at $3,937,000 after purchasing an additional 11,711 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL traded down $0.20 during midday trading on Tuesday, reaching $176.89. 820,471 shares of the company were exchanged. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company’s fifty day moving average price is $178.18 and its 200 day moving average price is $171.69. The company has a market cap of $46.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.