HighTower Advisors LLC Sells 37,694 Shares of iShares MSCI USA Quality Factor ETF $QUAL

HighTower Advisors LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,300,753 shares of the company’s stock after selling 37,694 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $258,356,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $81,990,000. Bison Wealth LLC increased its position in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares during the period. AQR Capital Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 45.5% during the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 88.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after purchasing an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $210.92 on Tuesday. The firm’s 50-day moving average is $200.98 and its 200-day moving average is $200.30. The company has a market cap of $61.16 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $173.00 and a 52-week high of $212.78.

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.