iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.7% during the 1st quarter, Holdings Channel reports. The firm owned 2,489,669 shares of the company’s stock after buying an additional 299,548 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 5.2% of Park Avenue Securities LLC’s investment portfolio, making the stock its 3rd biggest holding. Park Avenue Securities LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $425,460,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. LPL Financial LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after acquiring an additional 2,141,996 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $349,393,000. Raymond James Financial Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $331,412,000. JPMorgan Chase & Co. grew its holdings in iShares MSCI USA Quality Factor ETF by 14.6% during the 4th quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after acquiring an additional 837,887 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings 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 worth $5,189,563,000 after acquiring an additional 596,515 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.2%

Shares of BATS:QUAL opened at $180.45 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company’s 50-day moving average price is $169.87 and its two-hundred day moving average price is $176.74. The firm has a market cap of $52.09 billion, a P/E ratio of 25.81 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.