Truist Financial Corp Sells 105,462 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Truist Financial Corp reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 157,959 shares of the company’s stock after selling 105,462 shares during the period. Truist Financial Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $31,374,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in QUAL. Brighton Jones LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $81,990,000. Bison Wealth LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after purchasing an additional 3,383 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after purchasing an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.7%

QUAL stock opened at $207.50 on Wednesday. The business’s 50-day moving average price is $199.73 and its two-hundred day moving average price is $199.37. The firm has a market cap of $60.16 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $169.23 and a 1-year high of $208.67.

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.