iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Cut by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,296 shares of the company’s stock after selling 271 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $232,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after acquiring an additional 727,760 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after acquiring an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 5.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after acquiring an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in iShares MSCI USA Quality Factor ETF by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock worth $405,113,000 after acquiring an additional 73,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $177.09 on Monday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a 50-day moving average price of $178.18 and a 200 day moving average price of $171.54. The company has a market cap of $46.73 billion, a P/E ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

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.