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

NewEdge Wealth LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,490 shares of the company’s stock after selling 20,617 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,152,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MML Investors Services LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after acquiring an additional 44,285 shares in the last quarter. Facet Wealth Inc. raised its position in iShares MSCI USA Quality Factor ETF by 9.9% during the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock worth $589,952,000 after acquiring an additional 259,414 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.2% in the fourth 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 in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.1% in the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after purchasing an additional 62,154 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in shares of iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock valued at $375,735,000 after purchasing an additional 964,500 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $217.34 on Thursday. The firm has a 50 day simple moving average of $215.90 and a 200-day simple moving average of $206.62. iShares MSCI USA Quality Factor ETF has a 1-year low of $181.65 and a 1-year high of $221.16. The stock has a market cap of $63.02 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.