Claro Advisors Inc. Sells 19,762 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Claro Advisors Inc. trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 48,587 shares of the company’s stock after selling 19,762 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.3% of Claro Advisors Inc.’s investment portfolio, making the stock its 17th largest position. Claro Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,650,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. WealthBridge Capital Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 3.7% in the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after acquiring an additional 50 shares in the last quarter. Empire Life Investments Inc. grew its position in iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after acquiring an additional 50 shares in the last quarter. Tompkins Financial Corp grew its position in iShares MSCI USA Quality Factor ETF by 17.8% in the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after acquiring an additional 52 shares in the last quarter. First Command Advisory Services Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares during the last quarter. Finally, Members Trust Co lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after buying an additional 57 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.5%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $214.45 on Thursday. The firm has a fifty day simple moving average of $210.04 and a 200-day simple moving average of $203.43. iShares MSCI USA Quality Factor ETF has a 1-year low of $175.20 and a 1-year high of $219.82. The stock has a market capitalization of $62.18 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.