Geneva Partners LLC Sells 4,891 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Geneva Partners LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,242 shares of the company’s stock after selling 4,891 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 4.1% of Geneva Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Geneva Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,486,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Coldstream Capital Management Inc. raised its stake in shares of 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 during the last quarter. Cassilly Financial Group LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $1,348,000. Aspen Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock valued at $45,461,000 after acquiring an additional 5,878 shares during the last quarter. Keel Point LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 37.0% during the 3rd quarter. Keel Point LLC now owns 13,818 shares of the company’s stock valued at $2,688,000 after acquiring an additional 3,732 shares during the last quarter. Finally, Liberty Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock valued at $31,622,000 after purchasing an additional 3,188 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.3%

BATS:QUAL opened at $217.74 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12-month low of $181.55 and a 12-month high of $220.24. The firm has a market capitalization of $63.13 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s fifty day simple moving average is $213.73 and its 200-day simple moving average is $205.17.

iShares MSCI USA Quality Factor ETF Company 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.