Wells Fargo & Company MN Has $818.06 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Wells Fargo & Company MN trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,118,693 shares of the company’s stock after selling 183,820 shares during the period. Wells Fargo & Company MN’s holdings in iShares MSCI USA Quality Factor ETF were worth $818,055,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of QUAL. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $25,000. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $25,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $30,000. Finally, Decker Retirement Planning Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $32,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $216.91 on Friday. The firm has a market capitalization of $62.89 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average is $208.62 and its two-hundred day moving average is $202.94. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $217.65.

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.