iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Family Management Corp’s 3rd Largest Position

Family Management Corp grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,835 shares of the company’s stock after buying an additional 2,801 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 4.9% of Family Management Corp’s portfolio, making the stock its 3rd largest position. Family Management Corp owned approximately 0.07% of iShares MSCI USA Quality Factor ETF worth $30,778,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in QUAL. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock valued at $5,189,563,000 after acquiring an additional 596,515 shares in the last quarter. LPL Financial LLC grew its position in iShares MSCI USA Quality Factor ETF by 14.5% during the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after purchasing an additional 2,141,996 shares in the last quarter. FMR LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.8% in the 4th quarter. FMR LLC now owns 16,141,300 shares of the company’s stock valued at $2,874,443,000 after buying an additional 292,539 shares during the period. Bank of America Corp DE lifted its position in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock worth $1,374,962,000 after buying an additional 113,633 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares MSCI USA Quality Factor ETF by 14.6% in the 4th quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after buying an additional 837,887 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 3.2 %

iShares MSCI USA Quality Factor ETF stock opened at $170.93 on Thursday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The stock has a market cap of $48.54 billion, a P/E ratio of 25.45 and a beta of 1.05. The company’s fifty day simple moving average is $168.25 and its 200-day simple moving average is $177.30.

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.