Oppenheimer & Co. Inc. Acquires 310 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Oppenheimer & Co. Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,880 shares of the company’s stock after acquiring an additional 310 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,581,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QUAL. FMR LLC increased its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the period. Strategic Financial Concepts LLC increased its stake in iShares MSCI USA Quality Factor ETF by 18,801.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after acquiring an additional 519,868 shares during the period. Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $81,990,000. Finally, Blue Trust Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 10.5% in the fourth quarter. Blue Trust Inc. now owns 2,200,958 shares of the company’s stock valued at $391,946,000 after acquiring an additional 209,386 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 1.3 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $178.96 on Tuesday. The stock has a market capitalization of $49.70 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm’s 50-day moving average price is $181.79 and its two-hundred day moving average price is $180.59.

iShares MSCI USA Quality Factor ETF 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.