KPP Advisory Services LLC Has $2.14 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

KPP Advisory Services LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 55.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,150 shares of the company’s stock after selling 13,880 shares during the period. KPP Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,139,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000. Bison Wealth LLC increased its stake in iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 45.5% during the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after buying an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

iShares MSCI USA Quality Factor ETF stock opened at $218.87 on Thursday. iShares MSCI USA Quality Factor ETF has a 1-year low of $181.55 and a 1-year high of $220.24. The firm has a market capitalization of $63.46 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s fifty day moving average price is $212.79 and its two-hundred day moving average price is $204.61.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.