KPP Advisory Services LLC Purchases 1,210 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

KPP Advisory Services LLC increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,047 shares of the company’s stock after buying an additional 1,210 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.3% of KPP Advisory Services LLC’s holdings, making the stock its 21st biggest holding. KPP Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,351,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. FMR LLC increased its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in 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 purchasing an additional 950,857 shares in the last quarter. Orgel Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 71.6% in the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after purchasing an additional 515,998 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $81,990,000. Finally, Goldstein Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 11,176.9% in the third quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock valued at $50,569,000 after purchasing an additional 279,535 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 3.8 %

QUAL opened at $183.34 on Monday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company has a market cap of $48.38 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a fifty day moving average price of $182.04 and a two-hundred day moving average price of $178.45.

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.