Symphony Financial Ltd. Co. Sells 14,403 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Symphony Financial Ltd. Co. cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,896 shares of the company’s stock after selling 14,403 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.3% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 8th biggest holding. Symphony Financial Ltd. Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,764,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in QUAL. Brighton Jones LLC increased its position 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 period. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000. Principal Financial Group Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 91.0% in the 4th quarter. Principal Financial Group Inc. now owns 18,893 shares of the company’s stock valued at $3,364,000 after acquiring an additional 9,001 shares during the period. Highview Capital Management LLC DE increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.9% in the 4th quarter. Highview Capital Management LLC DE now owns 36,991 shares of the company’s stock valued at $6,587,000 after acquiring an additional 1,731 shares during the period. Finally, Ieq Capital LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 5.3% in the 4th quarter. Ieq Capital LLC now owns 6,266 shares of the company’s stock valued at $1,116,000 after acquiring an additional 313 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $177.67 on Tuesday. The stock’s fifty day moving average price is $173.68 and its 200 day moving average price is $176.28. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The company has a market cap of $51.29 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05.

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.