LPL Financial LLC Raises Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

LPL Financial LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,867,820 shares of the company’s stock after purchasing an additional 2,141,996 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.2% of LPL Financial LLC’s portfolio, making the stock its 8th biggest position. LPL Financial LLC owned about 0.06% of iShares MSCI USA Quality Factor ETF worth $3,003,821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. BankPlus Trust Department acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $27,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $32,000. Whittier Trust Co. boosted its holdings in shares of 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 in the last quarter. Finally, MGB Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Stock Down 2.9 %

BATS QUAL opened at $171.60 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $154.17 and a twelve month high of $187.26. The company has a market cap of $48.71 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. The business’s fifty day moving average is $179.96 and its 200 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.