IPG Investment Advisors LLC Trims Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

IPG Investment Advisors LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,796 shares of the company’s stock after selling 175 shares during the quarter. IPG Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $25,000. BankPlus Trust Department acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $27,000. Rialto Wealth Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $32,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $32,000. Finally, Whittier Trust Co. increased its position in shares of iShares MSCI USA Quality Factor ETF by 63.1% in the 4th quarter. Whittier Trust Co. now owns 212 shares of the company’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $169.57 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $154.17 and a 1 year high of $187.26. The firm’s 50-day simple moving average is $179.47 and its 200-day simple moving average is $180.27. The firm has a market cap of $48.13 billion, a PE ratio of 26.45 and a beta of 1.04.

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.