Adero Partners LLC Sells 1,971 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Adero Partners LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,087 shares of the company’s stock after selling 1,971 shares during the period. Adero Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,933,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. FMR LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew 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 purchasing an additional 950,857 shares during the period. M&T Bank Corp increased its holdings in iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after purchasing an additional 28,147 shares during the last quarter. MML Investors Services LLC lifted its stake 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 buying an additional 170,321 shares during the period. Finally, Cerity Partners LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after buying an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $184.10 on Thursday. The stock has a market cap of $48.58 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average of $181.99 and a 200-day moving average of $178.65. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year 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.