Blue Trust Inc. reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,701,754 shares of the company’s stock after selling 36,165 shares during the period. iShares MSCI USA Quality Factor ETF comprises 6.1% of Blue Trust Inc.’s investment portfolio, making the stock its 3rd largest position. Blue Trust Inc. owned 0.93% of iShares MSCI USA Quality Factor ETF worth $536,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $25,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $28,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $36,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $39,000.
iShares MSCI USA Quality Factor ETF Stock Up 0.5%
Shares of QUAL opened at $192.77 on Thursday. The stock has a market capitalization of $55.89 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65. The firm has a fifty day simple moving average of $199.82 and a two-hundred day simple moving average of $197.94.
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.
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