iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by World Equity Group Inc.

World Equity Group Inc. reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 69.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,213 shares of the company’s stock after selling 2,702 shares during the period. World Equity Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $267,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Empire Life Investments Inc. increased its position in iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after purchasing an additional 50 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after purchasing an additional 52 shares during the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after purchasing an additional 53 shares during the last quarter. Northwest Financial Advisors grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.8% during the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock valued at $279,000 after buying an additional 53 shares during the period. Finally, Signature Equity Partners LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 12.6% during the 1st quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock valued at $94,000 after buying an additional 55 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.3%

QUAL stock opened at $225.15 on Wednesday. The company has a market cap of $65.28 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a fifty day simple moving average of $217.99 and a 200-day simple moving average of $208.47. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.58 and a 52 week high of $227.16.

About iShares MSCI USA Quality Factor ETF

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.