Brown Brothers Harriman & Co. Purchases 151 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Brown Brothers Harriman & Co. increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 51.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 445 shares of the company’s stock after acquiring an additional 151 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $79,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Bank of Montreal Can increased its position in shares of iShares MSCI USA Quality Factor ETF by 20.5% during the third quarter. Bank of Montreal Can now owns 24,777 shares of the company’s stock valued at $4,427,000 after buying an additional 4,215 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $2,367,000. Benjamin Edwards Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $2,666,000. Garden State Investment Advisory Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $204,000. Finally, Hilltop Holdings Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $3,178,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $171.33 on Wednesday. The firm has a market cap of $48.55 billion, a P/E ratio of 26.25 and a beta of 1.05. The firm’s fifty day moving average is $179.07 and its 200 day moving average is $180.23. iShares MSCI USA Quality Factor ETF has a 52 week low of $154.17 and a 52 week high of $187.26.

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.