AE Wealth Management LLC Sells 152,707 Shares of iShares MSCI USA Quality Factor ETF $QUAL

AE Wealth Management LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 324,486 shares of the company’s stock after selling 152,707 shares during the period. AE Wealth Management LLC owned 0.11% of iShares MSCI USA Quality Factor ETF worth $64,450,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of QUAL. MML Investors Services LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after purchasing an additional 44,952 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock valued at $532,525,000 after purchasing an additional 76,969 shares in the last quarter. Facet Wealth Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the third quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock valued at $511,279,000 after purchasing an additional 125,483 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% in the third quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock valued at $417,413,000 after purchasing an additional 43,309 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $204.32 on Friday. The firm has a market cap of $59.24 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day simple moving average of $198.92 and a 200 day simple moving average of $198.40. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $156.13 and a fifty-two week 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.