iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Balentine LLC

Balentine LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,482 shares of the company’s stock after selling 2,821 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 0.4% of Balentine LLC’s holdings, making the stock its 19th largest position. Balentine LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,642,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in QUAL. WealthBridge Capital Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after buying an additional 50 shares during the last quarter. Empire Life Investments Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after acquiring an additional 50 shares during the period. Tompkins Financial Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after acquiring an additional 52 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after acquiring an additional 52 shares during the last quarter. Finally, First Command Advisory Services Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after acquiring an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $218.87 on Thursday. The firm’s fifty day simple moving average is $212.79 and its 200-day simple moving average is $204.61. iShares MSCI USA Quality Factor ETF has a 12 month low of $181.55 and a 12 month high of $220.24. The stock has a market capitalization of $63.46 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.