JPMorgan Chase & Co. Sells 1,930,847 Shares of iShares MSCI USA Quality Factor ETF $QUAL

JPMorgan Chase & Co. cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 30.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,451,066 shares of the company’s stock after selling 1,930,847 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $884,071,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. Cassilly Financial Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $1,348,000. Coldstream Capital Management Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after buying an additional 595,017 shares in the last quarter. Aspen Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock valued at $45,461,000 after buying an additional 5,878 shares in the last quarter. Liberty Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock valued at $31,622,000 after buying an additional 3,188 shares in the last quarter. Finally, Keel Point LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 37.0% in the 3rd quarter. Keel Point LLC now owns 13,818 shares of the company’s stock valued at $2,688,000 after buying an additional 3,732 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.1%

QUAL opened at $214.12 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $175.20 and a 12 month high of $217.65. The company has a fifty day simple moving average of $207.14 and a 200 day simple moving average of $202.51. The stock has a market cap of $62.08 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.