Maiden Cove Capital LLC Sells 256 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Maiden Cove Capital LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,227 shares of the company’s stock after selling 256 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 1.7% of Maiden Cove Capital LLC’s holdings, making the stock its 14th biggest holding. Maiden Cove Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Kestra Advisory Services LLC grew its stake in iShares MSCI USA Quality Factor ETF by 4.2% in the fourth quarter. Kestra Advisory Services LLC now owns 571,071 shares of the company’s stock valued at $101,696,000 after purchasing an additional 23,262 shares during the last quarter. Hughes Financial Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $33,842,000. Madison Investment Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $1,453,000. JPL Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $471,000. Finally, Commonwealth Equity Services LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,799,604 shares of the company’s stock worth $320,473,000 after purchasing an additional 55,223 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 2.8 %

Shares of BATS QUAL opened at $171.70 on Friday. The company has a 50 day simple moving average of $180.67 and a two-hundred day simple moving average of $180.38. The stock has a market cap of $47.68 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month 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.