Park Avenue Securities LLC Trims Stake in iShares MSCI USA Quality Factor ETF $QUAL

Park Avenue Securities LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 45.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,085,153 shares of the company’s stock after selling 898,596 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.8% of Park Avenue Securities LLC’s investment portfolio, making the stock its 8th largest position. Park Avenue Securities LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $215,533,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $25,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $28,000. CoreFirst Bank & Trust bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $33,000. First Horizon Corp bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $36,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $194.21 on Friday. The firm has a market capitalization of $56.31 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $205.65. The business has a 50 day simple moving average of $201.90 and a 200-day simple moving average of $197.77.

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.