Balentine LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,482 shares of the company’s stock after selling 2,821 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 0.4% of Balentine LLC’s portfolio, making the stock its 19th largest position. Balentine LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,642,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $25,000. Resources Management Corp CT ADV acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $27,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $30,000.
iShares MSCI USA Quality Factor ETF Stock Down 0.3%
Shares of iShares MSCI USA Quality Factor ETF stock opened at $218.87 on Thursday. The firm has a market capitalization of $63.46 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.55 and a 52 week high of $220.24. The firm’s 50 day moving average is $212.79 and its two-hundred day moving average is $204.61.
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.
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