Richard P Slaughter Associates Inc Sells 6,310 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Richard P Slaughter Associates Inc lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 42.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,473 shares of the company’s stock after selling 6,310 shares during the period. Richard P Slaughter Associates Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after buying an additional 624,581 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares MSCI USA Quality Factor ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after acquiring an additional 50,889 shares during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 6.7% during the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after acquiring an additional 324,478 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 39.6% during the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after acquiring an additional 1,065,946 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after acquiring an additional 44,285 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 12.0%

Shares of BATS QUAL opened at $197.79 on Friday. The firm has a market cap of $57.35 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $195.96 and its 200-day moving average is $189.70. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.