Wells Fargo & Company MN Has $818.06 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Wells Fargo & Company MN cut its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,118,693 shares of the company’s stock after selling 183,820 shares during the quarter. Wells Fargo & Company MN owned approximately 1.42% of iShares MSCI USA Quality Factor ETF worth $818,055,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. Two Sigma Investments LP grew its stake in iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock valued at $375,735,000 after buying an additional 964,500 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 403.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after buying an additional 887,478 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in iShares MSCI USA Quality Factor ETF by 79.0% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock valued at $350,450,000 after buying an additional 778,465 shares during the last quarter. Coldstream Capital Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after buying an additional 595,017 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

BATS:QUAL opened at $216.91 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $217.65. The firm’s fifty day simple moving average is $208.62 and its 200 day simple moving average is $202.94. The firm has a market capitalization of $62.89 billion, a PE ratio of 25.59 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.