iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Boosted by LGT Financial Advisors LLC

LGT Financial Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,457 shares of the company’s stock after acquiring an additional 1,315 shares during the period. iShares MSCI USA Quality Factor ETF makes up 2.2% of LGT Financial Advisors LLC’s investment portfolio, making the stock its 8th largest holding. LGT Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $972,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of QUAL. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 14.5% in the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after purchasing an additional 2,141,996 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $349,393,000. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $331,412,000. JPMorgan Chase & Co. boosted its stake in iShares MSCI USA Quality Factor ETF by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after buying an additional 837,887 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 2.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock valued at $5,189,563,000 after buying an additional 596,515 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 5.1 %

QUAL stock opened at $167.59 on Thursday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market cap of $47.59 billion, a price-to-earnings ratio of 25.45 and a beta of 1.05. The business’s fifty day simple moving average is $169.28 and its two-hundred day simple moving average is $177.69.

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.