Jmac Enterprises LLC Purchases 3,597 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Jmac Enterprises LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,409 shares of the company’s stock after acquiring an additional 3,597 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.4% of Jmac Enterprises LLC’s investment portfolio, making the stock its 22nd largest holding. Jmac Enterprises LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,621,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $25,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.4 %

Shares of BATS:QUAL opened at $184.38 on Wednesday. The firm has a market cap of $48.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The company’s fifty day simple moving average is $181.90 and its 200 day simple moving average is $179.03.

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.