Financial Advisors LLC Has $59.56 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Financial Advisors LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 334,428 shares of the company’s stock after selling 3,803 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 11.4% of Financial Advisors LLC’s investment portfolio, making the stock its 4th largest position. Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $59,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. FMR LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the last quarter. LPL Financial LLC raised its stake in shares of 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 acquiring an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after acquiring an additional 863,219 shares in the last quarter. M&T Bank Corp grew its position in iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after acquiring an additional 28,147 shares during the last quarter. Finally, MML Investors Services LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after purchasing an additional 170,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $180.68 on Friday. The business’s fifty day moving average is $181.78 and its two-hundred day moving average is $177.78. The firm has a market cap of $47.68 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

iShares MSCI USA Quality Factor ETF 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.