Perennial Investment Advisors LLC Has $10.22 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Perennial Investment Advisors LLC cut its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 50.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,524 shares of the company’s stock after selling 53,874 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.8% of Perennial Investment Advisors LLC’s holdings, making the stock its 24th biggest position. Perennial Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,221,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock worth $1,281,996,000 after purchasing an additional 50,889 shares during the last quarter. Cerity Partners LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter. MML Investors Services LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 3,005,601 shares of the company’s stock worth $584,589,000 after purchasing an additional 51,076 shares during the period. Finally, Blue Trust Inc. increased its position in iShares MSCI USA Quality Factor ETF by 2.9% during the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after buying an additional 76,969 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.9%

BATS:QUAL opened at $201.68 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The firm has a market capitalization of $58.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average price is $202.58 and its two-hundred day moving average price is $197.16.

About iShares MSCI USA Quality Factor ETF

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.