Smartleaf Asset Management LLC Sells 1,259 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Smartleaf Asset Management LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 14,155 shares of the company’s stock after selling 1,259 shares during the period. Smartleaf Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,528,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. FMR LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares in the last quarter. M&T Bank Corp grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.2% in the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after acquiring an additional 173,127 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.8 %

QUAL stock opened at $181.62 on Friday. The firm has a market cap of $50.44 billion, a PE ratio of 28.36 and a beta of 1.04. The business has a 50 day moving average of $181.80 and a 200-day moving average of $180.50. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.