Commonwealth Retirement Investments LLC Sells 7,014 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Commonwealth Retirement Investments LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,062 shares of the company’s stock after selling 7,014 shares during the period. Commonwealth Retirement Investments LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,800,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. MML Investors Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after purchasing an additional 44,952 shares during the last quarter. Facet Wealth Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 9.9% in the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after purchasing an additional 259,414 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.1% in the 3rd quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock valued at $417,413,000 after purchasing an additional 43,309 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after purchasing an additional 62,154 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $213.83 on Tuesday. The firm has a market capitalization of $62.00 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 $175.20 and a 1 year high of $217.65. The business has a 50 day simple moving average of $206.60 and a 200-day simple moving average of $202.36.

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.