FDx Advisors Inc. Sells 443 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FDx Advisors Inc. cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,927 shares of the company’s stock after selling 443 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.6% of FDx Advisors Inc.’s holdings, making the stock its 15th largest position. FDx Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after buying an additional 1,160,410 shares during the last quarter. LPL Financial LLC raised its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the last quarter. M&T Bank Corp raised its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after buying an additional 28,147 shares during the last quarter. MML Investors Services LLC raised its stake in iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after buying an additional 170,321 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.2% in the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after buying an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 5.2 %

Shares of BATS:QUAL opened at $185.76 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a market cap of $49.02 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a 50-day moving average price of $181.81 and a 200-day moving average price of $179.78.

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.