Tsfg LLC Sells 40,309 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Tsfg LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 91.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,640 shares of the company’s stock after selling 40,309 shares during the period. Tsfg LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $799,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. MML Investors Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after purchasing an additional 65,534 shares during the period. Facet Wealth Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 11.3% in the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after purchasing an additional 334,234 shares during the period. Finally, Focus Partners Wealth boosted its position in shares of iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after purchasing an additional 240,881 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.7%

Shares of QUAL stock opened at $220.99 on Wednesday. The stock has a market cap of $64.08 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s fifty day moving average is $220.58 and its 200 day moving average is $210.68. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $227.32.

iShares MSCI USA Quality Factor ETF Profile

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.