Braun Bostich & Associates Inc. trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 30.9% in the 4th quarter, Holdings Channel reports. The firm owned 26,135 shares of the company’s stock after selling 11,664 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.2% of Braun Bostich & Associates Inc.’s holdings, making the stock its 6th largest position. Braun Bostich & Associates Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,191,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 13,080.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after buying an additional 2,463,130 shares in the last quarter. Cerity Partners LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 39.6% during the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after buying an additional 1,065,946 shares during the period. Two Sigma Investments LP grew its position in iShares MSCI USA Quality Factor ETF by 99.7% during the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares in the last quarter. Coldstream Capital Management Inc. grew its position in iShares MSCI USA Quality Factor ETF by 132.4% during the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after buying an additional 595,017 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $81,990,000.
iShares MSCI USA Quality Factor ETF Stock Down 1.5%
BATS:QUAL opened at $187.30 on Friday. The business’s 50-day moving average price is $200.49 and its two-hundred day moving average price is $197.94. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65. The stock has a market cap of $54.31 billion, a P/E ratio of 25.59 and a beta of 1.05.
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.
Further Reading
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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