Symphony Financial Ltd. Co. Has $5.76 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Symphony Financial Ltd. Co. decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,896 shares of the company’s stock after selling 14,403 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 3.3% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 8th biggest holding. Symphony Financial Ltd. Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,764,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 2.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock worth $5,189,563,000 after buying an additional 596,515 shares in the last quarter. LPL Financial LLC raised its stake in iShares MSCI USA Quality Factor ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after buying an additional 2,141,996 shares in the last quarter. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.8% in the fourth quarter. FMR LLC now owns 16,141,300 shares of the company’s stock worth $2,874,443,000 after buying an additional 292,539 shares in the last quarter. Bank of America Corp DE raised its stake in iShares MSCI USA Quality Factor ETF by 1.5% in the fourth 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. raised its stake in iShares MSCI USA Quality Factor ETF by 14.6% in the fourth 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 Up 0.6%

Shares of BATS:QUAL opened at $177.67 on Tuesday. The firm has a 50 day moving average of $173.68 and a 200 day moving average of $176.28. The company has a market capitalization of $51.29 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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.