Harbour Investments Inc. Boosts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Harbour Investments Inc. raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 40,888 shares of the company’s stock after purchasing an additional 850 shares during the period. Harbour Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,281,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after buying an additional 1,160,410 shares during the period. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. M&T Bank Corp raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after buying an additional 28,147 shares during the period. Keybank National Association OH raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after buying an additional 64,819 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock valued at $573,233,000 after buying an additional 11,653 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $171.70 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26. The stock has a market capitalization of $48.74 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. The business has a fifty day moving average price of $180.67 and a 200 day moving average price of $180.40.

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.