Blue Trust Inc. Boosts Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Blue Trust Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,333,555 shares of the company’s stock after acquiring an additional 132,597 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 5.1% of Blue Trust Inc.’s investment portfolio, making the stock its 7th largest position. Blue Trust Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $398,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock worth $5,189,563,000 after acquiring an additional 596,515 shares during the last quarter. LPL Financial LLC grew 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 worth $3,003,821,000 after acquiring an additional 2,141,996 shares during the last quarter. FMR LLC grew its position in iShares MSCI USA Quality Factor ETF by 1.8% during the 4th quarter. FMR LLC now owns 16,141,300 shares of the company’s stock worth $2,874,443,000 after acquiring an additional 292,539 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock worth $1,374,962,000 after buying an additional 113,633 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in iShares MSCI USA Quality Factor ETF by 14.6% in the 4th 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 period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $176.54 on Thursday. 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 stock has a 50 day simple moving average of $172.87 and a two-hundred day simple moving average of $176.48. The stock has a market cap of $50.96 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.