TIAA Trust National Association Lowers Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

TIAA Trust National Association cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 377,472 shares of the company’s stock after selling 57,240 shares during the quarter. TIAA Trust National Association owned 0.13% of iShares MSCI USA Quality Factor ETF worth $73,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Almanack Investment Partners LLC. grew its position in iShares MSCI USA Quality Factor ETF by 0.4% in the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after acquiring an additional 52 shares in the last quarter. Cape Investment Advisory Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 2.3% during the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock worth $460,000 after purchasing an additional 57 shares during the last quarter. Atlas Brown Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after purchasing an additional 57 shares in the last quarter. NorthCrest Asset Manangement LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock valued at $269,000 after purchasing an additional 58 shares during the last quarter. Finally, GFG Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock valued at $280,000 after purchasing an additional 59 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $204.80 on Friday. The business has a 50 day moving average of $202.26 and a 200 day moving average of $196.61. The company has a market capitalization of $59.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $205.65.

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.