American Money Management LLC Grows Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

American Money Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,102 shares of the company’s stock after purchasing an additional 2,567 shares during the quarter. American Money Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,224,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of QUAL. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after buying an additional 2,141,996 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after acquiring an additional 837,887 shares during the period. M&T Bank Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after purchasing an additional 28,147 shares in the last quarter. Keybank National Association OH raised its stake in iShares MSCI USA Quality Factor ETF by 1.7% during the 4th quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after purchasing an additional 64,819 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 0.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock valued at $573,233,000 after purchasing an additional 11,653 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $169.57 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26. The business has a 50 day simple moving average of $179.47 and a two-hundred day simple moving average of $180.27. The company has a market capitalization of $48.13 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04.

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.