Ehrlich Financial Group Has $1.19 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ehrlich Financial Group decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,939 shares of the company’s stock after selling 478 shares during the period. Ehrlich Financial Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,186,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after buying an additional 2,141,996 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $349,393,000. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $331,412,000. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after buying an additional 837,887 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock worth $5,189,563,000 after buying an additional 596,515 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $180.45 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The business has a 50-day moving average of $169.87 and a two-hundred day moving average of $176.77. The stock has a market capitalization of $52.09 billion, a P/E ratio of 25.81 and a beta of 1.05.

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.