Truist Financial Corp Sells 95,563 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Truist Financial Corp cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 26.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 263,421 shares of the company’s stock after selling 95,563 shares during the quarter. Truist Financial Corp owned 0.09% of iShares MSCI USA Quality Factor ETF worth $51,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC grew its position in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after acquiring an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $81,990,000. Bison Wealth LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th 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 last quarter. AQR Capital Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the 1st 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 last quarter. Finally, Goldman Sachs Group Inc. lifted its position in 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 worth $22,591,000 after buying an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $204.81 on Friday. The stock has a market capitalization of $59.38 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The firm’s 50 day simple moving average is $200.26 and its two-hundred day simple moving average is $194.10.

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.