Tradition Wealth Management LLC Has $8.55 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Tradition Wealth Management LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,060 shares of the company’s stock after selling 17,487 shares during the period. Tradition Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of QUAL. Two Sigma Investments LP increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 99.7% during the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 403.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after purchasing an additional 887,478 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of iShares MSCI USA Quality Factor ETF by 79.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock valued at $350,450,000 after purchasing an additional 778,465 shares during the last quarter. Coldstream Capital Management Inc. grew 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 valued at $203,164,000 after purchasing an additional 595,017 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $81,990,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $213.14 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $217.65. The company’s 50 day simple moving average is $206.13 and its 200-day simple moving average is $202.13. The stock has a market capitalization of $61.80 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.