Ehrlich Financial Group Has $1.32 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ehrlich Financial Group cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 80.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,417 shares of the company’s stock after selling 31,257 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 0.9% of Ehrlich Financial Group’s portfolio, making the stock its 28th biggest holding. Ehrlich Financial Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,321,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in QUAL. FMR LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares during the period. Sanctuary Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $108,645,000. Finally, Orgel Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 71.6% during the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after acquiring an additional 515,998 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL traded down $2.64 during trading hours on Monday, reaching $176.35. 1,261,973 shares of the stock were exchanged. The stock’s fifty day simple moving average is $182.11 and its 200 day simple moving average is $177.59. The firm has a market capitalization of $46.54 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.