IFP Advisors Inc Trims Stake in iShares MSCI USA Quality Factor ETF $QUAL

IFP Advisors Inc reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,337 shares of the company’s stock after selling 16,950 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,148,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in QUAL. Brighton Jones LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $81,990,000. Bison Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares in the last quarter. AQR Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after buying an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.6%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $209.55 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $173.00 and a 52 week high of $212.78. The business’s fifty day simple moving average is $201.19 and its 200-day simple moving average is $200.38. The firm has a market cap of $60.76 billion, a PE ratio of 25.59 and a beta of 1.05.

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