Braun Bostich & Associates Inc. Has $5.19 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Braun Bostich & Associates Inc. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 30.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,135 shares of the company’s stock after selling 11,664 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 3.2% of Braun Bostich & Associates Inc.’s portfolio, making the stock its 6th biggest holding. Braun Bostich & Associates Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,191,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in QUAL. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $28,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $36,000. Finally, Ransom Advisory Ltd purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $39,000.

iShares MSCI USA Quality Factor ETF Stock Down 1.5%

Shares of BATS QUAL opened at $187.30 on Friday. The company has a market cap of $54.31 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $205.65. The business has a 50-day simple moving average of $200.49 and a two-hundred day simple moving average of $197.94.

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.