May Hill Capital LLC Invests $208,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

May Hill Capital LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,168 shares of the company’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in QUAL. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after purchasing an additional 2,141,996 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares MSCI USA Quality Factor ETF by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after buying an additional 837,887 shares during the period. M&T Bank Corp raised its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares in the last quarter. Keybank National Association OH lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock worth $705,977,000 after buying an additional 64,819 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 0.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock valued at $573,233,000 after acquiring an additional 11,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 3.0 %

Shares of BATS:QUAL opened at $171.33 on Wednesday. The company has a market capitalization of $48.55 billion, a PE ratio of 26.25 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26. The business’s fifty day simple moving average is $179.07 and its 200-day simple moving average is $180.23.

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.