Summit Trail Advisors LLC Has $62.23 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Summit Trail Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 349,459 shares of the company’s stock after acquiring an additional 14,398 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 2.3% of Summit Trail Advisors LLC’s portfolio, making the stock its 5th largest holding. Summit Trail Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $62,232,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. M&T Bank Corp boosted its position in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after purchasing an additional 28,147 shares during the period. MML Investors Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.3% during the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after purchasing an additional 170,321 shares during the period. Finally, Cerity Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after purchasing an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 4.2 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $184.14 on Tuesday. The firm has a fifty day simple moving average of $181.94 and a 200-day simple moving average of $178.91. The stock has a market capitalization of $48.59 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year 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.