Family Asset Management LLC Boosts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Family Asset Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,774 shares of the company’s stock after buying an additional 4,726 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 4.4% of Family Asset Management LLC’s holdings, making the stock its 4th largest position. Family Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,588,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after acquiring an additional 923,875 shares in the last quarter. M&T Bank Corp boosted its position in iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock worth $539,416,000 after purchasing an additional 59,771 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 12.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock valued at $425,287,000 after purchasing an additional 349,044 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $337,131,000. Finally, Cerity Partners LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock worth $350,308,000 after purchasing an additional 49,521 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.3 %

QUAL traded up $2.12 during trading on Monday, hitting $161.31. 1,093,244 shares of the company traded hands. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock’s fifty day moving average is $160.96 and its 200 day moving average is $150.88. The firm has a market cap of $42.57 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.