Sovran Advisors LLC Lowers Position in iShares MSCI USA Quality Factor ETF $QUAL

Sovran Advisors LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 70,956 shares of the company’s stock after selling 15,849 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.2% of Sovran Advisors LLC’s portfolio, making the stock its 12th largest position. Sovran Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,439,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $81,990,000. Bison Wealth LLC raised its stake in iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares in the last quarter. AQR Capital Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after buying an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after buying an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $193.16 on Friday. The stock has a market capitalization of $56.01 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s fifty day simple moving average is $199.44 and its two-hundred day simple moving average is $197.96. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65.

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.