RWA Wealth Partners LLC Has $42.01 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

RWA Wealth Partners LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 235,905 shares of the company’s stock after selling 29,312 shares during the quarter. RWA Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $42,010,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC boosted its holdings 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 acquiring an additional 2,141,996 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares MSCI USA Quality Factor ETF by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after acquiring an additional 837,887 shares in the last quarter. M&T Bank Corp raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after acquiring an additional 28,147 shares during the last quarter. Keybank National Association OH lifted its position in iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after acquiring an additional 64,819 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 0.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock valued at $573,233,000 after purchasing an additional 11,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 4.0 %

QUAL stock opened at $169.57 on Friday. The stock’s 50 day moving average is $179.47 and its 200-day moving average is $180.27. iShares MSCI USA Quality Factor ETF has a twelve month low of $154.17 and a twelve month high of $187.26. The firm has a market capitalization of $48.13 billion, a PE ratio of 26.45 and a beta of 1.04.

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.