iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,153 shares of the company’s stock after selling 72 shares during the quarter. Tranquility Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,641,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in QUAL. FMR LLC grew its position in iShares MSCI USA Quality Factor ETF by 6.7% in the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after acquiring an additional 923,875 shares during the period. BlackRock Inc. grew its position in iShares MSCI USA Quality Factor ETF by 145.7% in the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after acquiring an additional 4,051,296 shares during the period. M&T Bank Corp grew its position in iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. M&T Bank Corp now owns 3,606,215 shares of the company’s stock worth $475,285,000 after acquiring an additional 124,951 shares during the period. Osaic Holdings Inc. grew its position in iShares MSCI USA Quality Factor ETF by 4.2% in the second quarter. Osaic Holdings Inc. now owns 3,314,456 shares of the company’s stock worth $447,106,000 after acquiring an additional 134,554 shares during the period. Finally, Ameriprise Financial Inc. grew its position in iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after acquiring an additional 349,044 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL traded down $1.14 during midday trading on Wednesday, hitting $157.18. 1,170,546 shares of the stock were exchanged. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a fifty day simple moving average of $160.95 and a 200 day simple moving average of $148.54. The firm has a market cap of $41.13 billion, a P/E ratio of 23.32 and a beta of 1.04.

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.