KPP Advisory Services LLC Cuts Holdings in iShares MSCI USA Quality Factor ETF $QUAL

KPP Advisory Services LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,030 shares of the company’s stock after selling 2,926 shares during the period. KPP Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,971,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after acquiring an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC grew its holdings in shares of 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 worth $3,395,000 after acquiring an additional 3,383 shares during the period. AQR Capital Management LLC grew its holdings in shares of 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 worth $3,363,000 after acquiring an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of 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 worth $22,591,000 after acquiring an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $207.15 on Monday. The stock has a market cap of $60.06 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50 day simple moving average is $199.67 and its 200 day simple moving average is $199.27. iShares MSCI USA Quality Factor ETF has a 1-year low of $169.23 and a 1-year high of $208.67.

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.