iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Baron Wealth Management LLC’s Largest Position

Baron Wealth Management LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 303,976 shares of the company’s stock after selling 4,855 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 26.2% of Baron Wealth Management LLC’s holdings, making the stock its largest holding. Baron Wealth Management LLC owned about 0.12% of iShares MSCI USA Quality Factor ETF worth $54,503,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after purchasing an additional 999,735 shares during the last quarter. Cetera Investment Advisers boosted its stake in iShares MSCI USA Quality Factor ETF by 141.3% during the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock valued at $275,724,000 after purchasing an additional 982,323 shares during the period. Ameriprise Financial Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after acquiring an additional 727,760 shares during the period. Finally, Liberty Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock worth $133,047,000 after acquiring an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.2 %

Shares of BATS:QUAL opened at $179.98 on Tuesday. The company has a 50 day moving average of $179.50 and a 200-day moving average of $173.30. The firm has a market cap of $47.50 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.