Assetmark Inc. Decreases Position in iShares MSCI USA Quality Factor ETF $QUAL

Assetmark Inc. lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,287 shares of the company’s stock after selling 21,157 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,783,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $28,000. First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $36,000. Phillips Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $39,000. Finally, Ransom Advisory Ltd acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.3%

Shares of BATS:QUAL opened at $206.92 on Friday. The company has a 50-day moving average price of $198.98 and a 200 day moving average price of $198.49. iShares MSCI USA Quality Factor ETF has a 52 week low of $156.13 and a 52 week high of $207.44. The company has a market cap of $60.00 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.