Cynosure Group LLC Sells 3,327 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cynosure Group LLC trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 49,418 shares of the company’s stock after selling 3,327 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.3% of Cynosure Group LLC’s holdings, making the stock its 19th largest holding. Cynosure Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,861,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares during the last quarter. FMR LLC raised its position in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC lifted its stake in 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 worth $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 5.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after buying an additional 172,340 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.5 %

QUAL opened at $184.59 on Wednesday. The company has a market cap of $48.71 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The business’s 50-day moving average price is $180.44 and its 200-day moving average price is $174.34.

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.