Watershed Private Wealth LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 40.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,288 shares of the company’s stock after selling 29,976 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.6% of Watershed Private Wealth LLC’s portfolio, making the stock its 11th largest position. Watershed Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,797,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. MML Investors Services LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the 4th quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares during the period. Blue Trust Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the 3rd quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after purchasing an additional 76,969 shares during the period. Facet Wealth Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% during the 3rd quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock worth $511,279,000 after purchasing an additional 125,483 shares during the period. Finally, Focus Partners Wealth raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the 3rd quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock worth $417,413,000 after purchasing an additional 43,309 shares during the period.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of iShares MSCI USA Quality Factor ETF stock opened at $199.47 on Monday. The business’s 50 day simple moving average is $198.77 and its 200-day simple moving average is $198.17. The stock has a market capitalization of $57.84 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $156.13 and a twelve 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.
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