Clearwater Capital Advisors LLC Sells 226 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Clearwater Capital Advisors LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,422 shares of the company’s stock after selling 226 shares during the period. Clearwater Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $431,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. FMR LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd 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 raised its stake 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 worth $726,199,000 after acquiring an additional 28,147 shares during the last quarter. Keybank National Association OH lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock worth $705,977,000 after purchasing an additional 64,819 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,218,965 shares of the company’s stock valued at $573,233,000 after purchasing an additional 11,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $171.70 on Monday. The company has a 50 day moving average price of $180.67 and a 200 day moving average price of $180.43. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26. The stock has a market capitalization of $48.74 billion, a PE ratio of 26.45 and a beta of 1.04.

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.