iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,796 shares of the company’s stock after selling 175 shares during the quarter. IPG Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $676,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 14.5% during the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after purchasing an additional 2,141,996 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares MSCI USA Quality Factor ETF by 14.6% during the 4th quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after purchasing an additional 837,887 shares during the period. M&T Bank Corp grew its stake in iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the last quarter. Keybank National Association OH increased its position in iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock worth $705,977,000 after buying an additional 64,819 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 0.4% in the fourth 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 last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $169.57 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26. The company has a 50-day simple moving average of $179.47 and a 200-day simple moving average of $180.27. The firm has a market capitalization of $48.13 billion, a P/E ratio of 26.45 and a beta of 1.04.

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.