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

SVB Wealth LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 19.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,205 shares of the company’s stock after selling 11,192 shares during the period. SVB Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in QUAL. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $30,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $32,000. Finally, First Horizon Corp bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $210.43 on Monday. The company has a 50-day moving average of $199.99 and a 200-day moving average of $199.61. The company has a market capitalization of $61.01 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $170.64 and a 1-year high of $211.02.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.