New York Life Investment Management LLC Buys 15,861 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

New York Life Investment Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 80,357 shares of the company’s stock after purchasing an additional 15,861 shares during the quarter. New York Life Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,310,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Ellis Investment Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 13.1% during the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after buying an additional 1,481 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 43.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after acquiring an additional 76,472 shares during the period. Spectrum Planning & Advisory Services Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 7.4% in the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock worth $7,243,000 after acquiring an additional 2,768 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 37.2% in the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after purchasing an additional 2,682 shares during the period. Finally, MML Investors Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after purchasing an additional 170,321 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $178.93 on Friday. The stock has a market capitalization of $49.69 billion, a P/E ratio of 28.36 and a beta of 1.04. The business has a 50 day simple moving average of $181.72 and a 200 day simple moving average of $180.34. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.