Empowered Funds LLC Takes Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Empowered Funds LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 227 shares of the company’s stock, valued at approximately $40,000.

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

iShares MSCI USA Quality Factor ETF Trading Up 3.4 %

Shares of QUAL stock opened at $182.67 on Friday. The stock has a 50 day simple moving average of $181.78 and a 200-day simple moving average of $179.92. The company has a market cap of $48.21 billion, a price-to-earnings ratio of 23.03 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.