FDx Advisors Inc. Trims Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FDx Advisors Inc. decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,927 shares of the company’s stock after selling 443 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.6% of FDx Advisors Inc.’s holdings, making the stock its 15th largest position. FDx Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,507,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in QUAL. FMR LLC lifted its position in iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC lifted its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares in the last quarter. Strategic Financial Concepts LLC raised its position in iShares MSCI USA Quality Factor ETF by 18,801.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after purchasing an additional 519,868 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $81,990,000. Finally, Goldstein Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 11,176.9% in the third quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock valued at $50,569,000 after purchasing an additional 279,535 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 5.2 %

BATS:QUAL opened at $185.76 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market capitalization of $49.02 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s fifty day moving average is $181.81 and its two-hundred day moving average is $179.78.

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.