Smartleaf Asset Management LLC Sells 9,789 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Smartleaf Asset Management LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,543 shares of the company’s stock after selling 9,789 shares during the quarter. Smartleaf Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $25,000. CoreFirst Bank & Trust bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $33,000. First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $36,000. Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $39,000. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Trading Up 15.4%

BATS QUAL opened at $203.85 on Monday. The firm’s fifty day simple moving average is $201.01 and its two-hundred day simple moving average is $194.99. The firm has a market capitalization of $59.11 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.