Ameriprise Financial Inc. Has $888.28 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Ameriprise Financial Inc. lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,564,319 shares of the company’s stock after selling 409,833 shares during the period. Ameriprise Financial Inc. owned approximately 1.57% of iShares MSCI USA Quality Factor ETF worth $888,278,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $25,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $28,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $33,000. First Horizon Corp acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $36,000. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.5%

QUAL stock opened at $195.15 on Friday. The stock has a 50-day moving average price of $202.43 and a two-hundred day moving average price of $197.66. The stock has a market cap of $56.58 billion, a PE 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.

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