Town Capital LLC Has $4.72 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Town Capital LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,621 shares of the company’s stock after selling 13,784 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 3.8% of Town Capital LLC’s investment portfolio, making the stock its 9th biggest position. Town Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,723,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in QUAL. Bank of America Corp DE boosted its stake in iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after buying an additional 2,357,971 shares during the last quarter. MML Investors Services LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after buying an additional 44,285 shares in the last quarter. Facet Wealth Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 9.9% in the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock worth $589,952,000 after acquiring an additional 259,414 shares during the last quarter. Focus Partners Wealth increased its stake in iShares MSCI USA Quality Factor ETF by 11.2% in the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after acquiring an additional 240,881 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after acquiring an additional 62,154 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $219.32 on Monday. The stock has a market capitalization of $63.59 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.65 and a 1 year high of $221.16. The business’s 50 day simple moving average is $216.70 and its 200-day simple moving average is $207.37.

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