Gilliland Jeter Wealth Management LLC Sells 2,399 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Gilliland Jeter Wealth Management LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 59.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,632 shares of the company’s stock after selling 2,399 shares during the period. Gilliland Jeter Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in iShares MSCI USA Quality Factor ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after buying an additional 2,357,971 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 99.7% during the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after acquiring an additional 887,478 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $81,990,000. Finally, Orion Porfolio Solutions LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 298.3% in the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock valued at $99,229,000 after acquiring an additional 406,488 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $227.18 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $227.32. The firm has a market cap of $65.87 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s 50-day simple moving average is $218.38 and its 200 day simple moving average is $208.80.

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.