SVB Wealth LLC Cuts Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

SVB Wealth LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 22.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 57,397 shares of the company’s stock after selling 16,555 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,164,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently 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. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $36,000. Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $39,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $204.03 on Tuesday. The company has a market cap of $59.16 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s 50-day moving average is $201.14 and its two-hundred day moving average is $195.12. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $205.48.

iShares MSCI USA Quality Factor ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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