MJP Associates Inc. ADV Invests $219,000 in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MJP Associates Inc. ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,489 shares of the company’s stock, valued at approximately $219,000.

A number of other large investors also recently modified their holdings of QUAL. BlackRock Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 145.7% in the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock valued at $847,564,000 after buying an additional 4,051,296 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $337,131,000. JPMorgan Chase & Co. lifted its holdings in iShares MSCI USA Quality Factor ETF by 252.1% in the first quarter. JPMorgan Chase & Co. now owns 2,913,485 shares of the company’s stock valued at $361,461,000 after buying an additional 2,085,944 shares during the period. Cerity Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 419.2% in the second quarter. Cerity Partners LLC now owns 2,545,817 shares of the company’s stock valued at $343,354,000 after buying an additional 2,055,458 shares during the period. Finally, FMR LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 6.7% in the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after purchasing an additional 923,875 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL remained flat at $164.16 during mid-day trading on Thursday. 1,573,148 shares of the company’s stock traded hands. The business’s fifty day simple moving average is $158.18 and its two-hundred day simple moving average is $145.77. The firm has a market cap of $37.12 billion, a price-to-earnings ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month 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.