KPP Advisory Services LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

KPP Advisory Services LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,030 shares of the company’s stock after selling 2,926 shares during the period. KPP Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Avantra Family Wealth Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $1,493,000. Dynasty Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 18.3% during the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after buying an additional 90,195 shares in the last quarter. Cabot Wealth Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 8.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after buying an additional 3,369 shares in the last quarter. Insight Inv LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $1,016,000. Finally, CGC Financial Services LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 846.1% during the 3rd quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after buying an additional 133,804 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.0%

Shares of QUAL stock opened at $207.15 on Monday. The company has a market cap of $60.06 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day simple moving average of $199.67 and a 200-day simple moving average of $199.27. iShares MSCI USA Quality Factor ETF has a 12-month low of $169.23 and a 12-month high of $208.67.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.