Cary Street Partners Financial LLC Invests $440,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,468 shares of the company’s stock, valued at approximately $440,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted 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 valued at $5,189,563,000 after buying an additional 596,515 shares during the period. LPL Financial LLC boosted its stake 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. FMR LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 1.8% during the 4th quarter. FMR LLC now owns 16,141,300 shares of the company’s stock worth $2,874,443,000 after acquiring an additional 292,539 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock valued at $1,374,962,000 after purchasing an additional 113,633 shares during the period. Finally, JPMorgan Chase & Co. increased 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 valued at $1,171,864,000 after purchasing an additional 837,887 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 2.7 %

QUAL stock opened at $171.83 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The firm has a market cap of $48.79 billion, a PE ratio of 25.45 and a beta of 1.05. The business’s 50-day moving average price is $168.00 and its two-hundred day moving average price is $177.23.

iShares MSCI USA Quality Factor ETF Company 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.