iShares MSCI USA Quality Factor ETF $QUAL Stake Reduced by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 37.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 142,742 shares of the company’s stock after selling 84,520 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.9% of Icon Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Icon Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $28,352,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. Two Sigma Investments LP raised its position in iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. raised its position in 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 worth $220,005,000 after acquiring an additional 887,478 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after acquiring an additional 778,465 shares in the last quarter. Coldstream Capital Management Inc. raised its position in iShares MSCI USA Quality Factor ETF by 132.4% in the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after acquiring an additional 595,017 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $81,990,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

BATS QUAL opened at $216.91 on Friday. The stock’s 50-day moving average price is $208.62 and its two-hundred day moving average price is $202.94. The company has a market cap of $62.89 billion, a PE 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.

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.