TRUE Private Wealth Advisors Sells 1,783 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TRUE Private Wealth Advisors trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,442 shares of the company’s stock after selling 1,783 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $2,272,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the third quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after buying an additional 923,875 shares during the period. BlackRock Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 145.7% in the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after buying an additional 4,051,296 shares during the period. M&T Bank Corp increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. M&T Bank Corp now owns 3,606,215 shares of the company’s stock worth $475,285,000 after buying an additional 124,951 shares during the period. Osaic Holdings Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the second quarter. Osaic Holdings Inc. now owns 3,314,456 shares of the company’s stock worth $447,106,000 after buying an additional 134,554 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after buying an additional 349,044 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL traded up $0.15 during mid-day trading on Wednesday, hitting $158.32. The stock had a trading volume of 1,218,694 shares. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The business has a 50 day moving average price of $160.95 and a two-hundred day moving average price of $148.54. The firm has a market cap of $41.42 billion, a P/E ratio of 23.32 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.