Balentine LLC Sells 3,765 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Balentine LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,487 shares of the company’s stock after selling 3,765 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 0.5% of Balentine LLC’s portfolio, making the stock its 18th largest holding. Balentine LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,932,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $25,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $33,000. First Horizon Corp purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $36,000. Phillips Financial Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $39,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

BATS QUAL opened at $201.75 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $205.48. The stock has a market cap of $58.50 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50 day moving average is $201.48 and its two-hundred day moving average is $195.70.

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.