TRUE Private Wealth Advisors Sells 1,783 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TRUE Private Wealth Advisors cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,442 shares of the company’s stock after selling 1,783 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $2,272,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. VisionPoint Advisory Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $25,000. NBC Securities Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $26,000. Signaturefd LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1,414.3% during the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock valued at $28,000 after buying an additional 198 shares during the period. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $28,000. Finally, Patriot Investment Management Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $28,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL traded up $0.15 on Wednesday, hitting $158.32. The company had a trading volume of 1,218,694 shares. The stock has a fifty day moving average price of $160.95 and a 200-day moving average price of $148.54. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The stock has a market capitalization of $41.42 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04.

iShares MSCI USA Quality Factor ETF Company 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.