113,591 iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 895,355 shares of the company’s stock after selling 113,591 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $198,984,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in QUAL. Bank of America Corp DE increased its holdings in iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares in the last quarter. Facet Wealth Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.3% in the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after purchasing an additional 334,234 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 669.4% in the first quarter. Fifth Third Bancorp now owns 138,005 shares of the company’s stock valued at $26,471,000 after purchasing an additional 120,069 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $18,583,000. Finally, State of Michigan Retirement System boosted its position in shares of iShares MSCI USA Quality Factor ETF by 32.4% during the first quarter. State of Michigan Retirement System now owns 324,549 shares of the company’s stock valued at $62,252,000 after buying an additional 79,500 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $54.79 on Friday. The company has a market capitalization of $15.89 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s fifty day moving average price is $55.79 and its two-hundred day moving average price is $53.23. iShares MSCI USA Quality Factor ETF has a 1 year low of $46.47 and a 1 year high of $57.03.

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.