iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Acquired by Redwood Investment Management LLC

Redwood Investment Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,679 shares of the company’s stock after acquiring an additional 738 shares during the quarter. Redwood Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,792,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of QUAL. LPL Financial LLC raised its position in 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 worth $3,003,821,000 after acquiring an additional 2,141,996 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $349,393,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $331,412,000. JPMorgan Chase & Co. raised its position in shares of 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 worth $1,171,864,000 after purchasing an additional 837,887 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 2.1% in the 4th 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $176.92 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The company has a market capitalization of $50.69 billion, a price-to-earnings ratio of 25.81 and a beta of 1.06. The stock has a fifty day moving average of $167.94 and a two-hundred day moving average of $177.10.

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.