iShares MSCI USA Quality Factor ETF $QUAL Holdings Lessened by Town Capital LLC

Town Capital LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,621 shares of the company’s stock after selling 13,784 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.8% of Town Capital LLC’s holdings, making the stock its 9th biggest holding. Town Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. Bank of America Corp DE increased its stake in iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares during the last quarter. MML Investors Services LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares during the period. Facet Wealth Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 9.9% in the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after purchasing an additional 259,414 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 11.2% in the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after purchasing an additional 240,881 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after purchasing an additional 62,154 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $219.32 on Monday. The company has a market cap of $63.59 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average price is $216.70 and its 200-day moving average price is $207.37. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.65 and a fifty-two week high of $221.16.

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.