JPMorgan Chase & Co. reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 30.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,451,066 shares of the company’s stock after selling 1,930,847 shares during the quarter. JPMorgan Chase & Co. owned about 1.54% of iShares MSCI USA Quality Factor ETF worth $884,071,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $39,000.
iShares MSCI USA Quality Factor ETF Price Performance
QUAL opened at $214.12 on Wednesday. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $217.65. The stock has a market capitalization of $62.08 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s 50 day simple moving average is $207.14 and its 200-day simple moving average is $202.51.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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