Freestone Capital Holdings LLC Reduces Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Freestone Capital Holdings LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,360 shares of the company’s stock after selling 606 shares during the quarter. Freestone Capital Holdings LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,557,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of QUAL. FMR LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares during the period. LPL Financial LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares during the period. M&T Bank Corp boosted its stake in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the period. Keybank National Association OH boosted its stake in iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock worth $705,977,000 after buying an additional 64,819 shares during the period. Finally, MML Investors Services LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 6.3% during the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after buying an additional 170,321 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $176.20 on Friday. The firm has a market cap of $48.93 billion, a PE ratio of 28.36 and a beta of 1.04. The company has a 50-day moving average of $181.54 and a two-hundred day moving average of $180.57. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26.

About iShares MSCI USA Quality Factor ETF

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.