JPMorgan Chase & Co. Increases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

JPMorgan Chase & Co. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,580,546 shares of the company’s stock after purchasing an additional 837,887 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,171,864,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $25,000. BankPlus Trust Department purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $27,000. Rialto Wealth Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $32,000. Finally, Whittier Trust Co. boosted its holdings in iShares MSCI USA Quality Factor ETF by 63.1% during the 4th quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after acquiring an additional 82 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 2.0 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $173.18 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $154.17 and a 52 week high of $187.26. The company has a market capitalization of $49.16 billion, a PE ratio of 26.45 and a beta of 1.04. The stock’s fifty day moving average is $179.70 and its two-hundred day moving average is $180.24.

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.