iShares MSCI USA Quality Factor ETF $QUAL is Fragasso Financial Advisors Inc’s 3rd Largest Position

Fragasso Financial Advisors Inc lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 534,840 shares of the company’s stock after selling 31,229 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 6.4% of Fragasso Financial Advisors Inc’s holdings, making the stock its 3rd largest position. Fragasso Financial Advisors Inc owned 0.18% of iShares MSCI USA Quality Factor ETF worth $106,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the second quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock worth $1,281,996,000 after purchasing an additional 50,889 shares in the last quarter. Cerity Partners LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter. MML Investors Services LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after buying an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 3,005,601 shares of the company’s stock worth $584,589,000 after buying an additional 51,076 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 2.9% during the 3rd quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock valued at $532,525,000 after purchasing an additional 76,969 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $191.89 on Friday. The stock has a market cap of $55.64 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $205.65. The business has a fifty day moving average of $201.66 and a 200-day moving average of $197.80.

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.