iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by KWB Wealth

KWB Wealth trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 42.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 84,694 shares of the company’s stock after selling 63,462 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.6% of KWB Wealth’s investment portfolio, making the stock its 17th largest holding. KWB Wealth’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,822,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Gallagher Fiduciary Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 13,080.9% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after acquiring an additional 2,463,130 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $305,974,000. Cerity Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 39.6% during the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after acquiring an additional 1,065,946 shares during the period. Two Sigma Investments LP lifted its position in iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares during the period. Finally, Coldstream Capital Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after purchasing an additional 595,017 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.1%

BATS:QUAL opened at $193.95 on Tuesday. The firm has a market cap of $56.24 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50 day simple moving average is $201.45 and its 200-day simple moving average is $197.96. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month 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.