Summit Trail Advisors LLC Grows Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Summit Trail Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,077 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Summit Trail Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.7% during the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after buying an additional 923,875 shares during the period. M&T Bank Corp raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. M&T Bank Corp now owns 3,665,986 shares of the company’s stock valued at $539,416,000 after acquiring an additional 59,771 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after acquiring an additional 349,044 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $337,131,000. Finally, Cerity Partners LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock valued at $350,308,000 after purchasing an additional 49,521 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $161.86 on Wednesday. The business’s 50 day moving average price is $161.00 and its two-hundred day moving average price is $151.10. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company has a market capitalization of $42.71 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.