Janney Montgomery Scott LLC Has $168.17 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Janney Montgomery Scott LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 37.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 846,687 shares of the company’s stock after selling 503,204 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $168,169,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in QUAL. Brighton Jones LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $81,990,000. Bison Wealth LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares during the last quarter. AQR Capital Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after buying an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.8%

BATS:QUAL opened at $212.33 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $175.20 and a 12-month high of $217.65. The firm has a market capitalization of $61.57 billion, a PE ratio of 25.59 and a beta of 1.05. The firm has a 50-day moving average price of $207.65 and a 200 day moving average price of $202.67.

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.