Johnson Bixby & Associates LLC Sells 335 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Johnson Bixby & Associates LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% during the 4th quarter, Holdings Channel reports. The firm owned 8,905 shares of the company’s stock after selling 335 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,586,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares during the last quarter. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares in the last quarter. M&T Bank Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after purchasing an additional 28,147 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in iShares MSCI USA Quality Factor ETF by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after buying an additional 170,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $184.65 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a 50 day simple moving average of $181.67 and a two-hundred day simple moving average of $177.98. The firm has a market cap of $48.73 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.