TCG Advisory Services LLC Boosts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TCG Advisory Services LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 71,206 shares of the company’s stock after purchasing an additional 2,144 shares during the quarter. TCG Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,477,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. FMR LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 6.7% during the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after buying an additional 923,875 shares in the last quarter. M&T Bank Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the 4th quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock valued at $539,416,000 after acquiring an additional 59,771 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 12.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock valued at $425,287,000 after purchasing an additional 349,044 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $337,131,000. Finally, Cerity Partners LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.1% in the 4th quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock worth $350,308,000 after purchasing an additional 49,521 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 1.2 %

QUAL traded up $1.82 during trading on Friday, hitting $159.19. The company’s stock had a trading volume of 1,411,118 shares. The firm has a market capitalization of $42.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The business’s fifty day simple moving average is $160.94 and its 200 day simple moving average is $150.57.

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.