Park Avenue Securities LLC Increases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Park Avenue Securities LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,190,121 shares of the company’s stock after acquiring an additional 152,924 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 4.0% of Park Avenue Securities LLC’s investment portfolio, making the stock its 3rd biggest position. Park Avenue Securities LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $390,017,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after purchasing an additional 863,219 shares in the last quarter. M&T Bank Corp lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after purchasing an additional 28,147 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after buying an additional 170,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.0 %

BATS QUAL opened at $176.64 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company has a 50 day moving average of $182.06 and a 200-day moving average of $177.66. The firm has a market cap of $46.62 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.