Kestra Private Wealth Services LLC Sells 7,746 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Kestra Private Wealth Services LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,418 shares of the company’s stock after selling 7,746 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,261,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QUAL. Brighton Jones LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $81,990,000. Bison Wealth LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after acquiring an additional 3,383 shares in the last quarter. AQR Capital Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 45.5% during the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after acquiring an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in iShares MSCI USA Quality Factor ETF by 88.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after acquiring an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.1%

Shares of QUAL opened at $213.19 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $179.01 and a 12-month high of $219.82. The business has a 50-day simple moving average of $211.65 and a two-hundred day simple moving average of $204.01. The stock has a market cap of $61.81 billion, a PE 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.