IPG Investment Advisors LLC Sells 2,369 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

IPG Investment Advisors LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 75,164 shares of the company’s stock after selling 2,369 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 2.2% of IPG Investment Advisors LLC’s holdings, making the stock its 18th biggest position. IPG Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,906,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 116.6% in the second quarter. PNC Financial Services Group Inc. now owns 12,031,697 shares of the company’s stock valued at $1,622,715,000 after purchasing an additional 6,476,112 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 16.1% in the second quarter. Envestnet Asset Management Inc. now owns 34,482,396 shares of the company’s stock valued at $4,650,641,000 after purchasing an additional 4,774,467 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 145.7% in the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock valued at $847,564,000 after purchasing an additional 4,051,296 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 252.1% in the first quarter. JPMorgan Chase & Co. now owns 2,913,485 shares of the company’s stock valued at $361,461,000 after purchasing an additional 2,085,944 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 419.2% in the second quarter. Cerity Partners LLC now owns 2,545,817 shares of the company’s stock valued at $343,354,000 after purchasing an additional 2,055,458 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock traded up $0.98 during trading hours on Monday, reaching $157.64. The company had a trading volume of 1,018,873 shares. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The business has a fifty day simple moving average of $148.26 and a 200-day simple moving average of $140.38. The company has a market cap of $35.65 billion, a price-to-earnings ratio of 16.30 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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