Eastern Bank Sells 255,965 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Eastern Bank reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 80.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 63,020 shares of the company’s stock after selling 255,965 shares during the period. Eastern Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,517,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $187.30 on Friday. The stock has a market cap of $54.31 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average price of $200.49 and a 200-day moving average price of $197.94. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year 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.