SWP Financial LLC Sells 27,400 Shares of iShares MSCI USA Quality Factor ETF $QUAL

SWP Financial LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 52.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,543 shares of the company’s stock after selling 27,400 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 2.4% of SWP Financial LLC’s holdings, making the stock its 11th biggest position. SWP Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,875,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Almanack Investment Partners LLC. raised its position in iShares MSCI USA Quality Factor ETF by 0.4% during the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after acquiring an additional 52 shares in the last quarter. Tompkins Financial Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after acquiring an additional 52 shares during the period. Cape Investment Advisory Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after acquiring an additional 57 shares during the period. Atlas Brown Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after acquiring an additional 57 shares during the period. Finally, Members Trust Co increased its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after purchasing an additional 57 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $192.77 on Thursday. The firm’s 50-day moving average is $199.82 and its 200-day moving average is $197.94. The stock has a market cap of $55.89 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $205.65.

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