Northwestern Mutual Wealth Management Co. Sells 263,124 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Northwestern Mutual Wealth Management Co. trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,988,066 shares of the company’s stock after selling 263,124 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.69% of iShares MSCI USA Quality Factor ETF worth $394,869,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. WealthBridge Capital Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after buying an additional 50 shares during the last quarter. Empire Life Investments Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after buying an additional 50 shares during the last quarter. Tompkins Financial Corp boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after purchasing an additional 52 shares during the last quarter. Members Trust Co boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after purchasing an additional 57 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.5% in the 4th quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock valued at $341,000 after purchasing an additional 58 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.3%

Shares of BATS QUAL opened at $215.88 on Friday. The firm has a market capitalization of $62.59 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $216.32. The firm’s 50-day moving average is $203.49 and its 200-day moving average is $201.33.

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.