Trademark Financial Management LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Trademark Financial Management LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 52.6% in the 4th quarter, HoldingsChannel reports. The firm owned 15,961 shares of the company’s stock after selling 17,738 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 2.3% of Trademark Financial Management LLC’s holdings, making the stock its 11th largest holding. Trademark Financial Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in QUAL. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $25,000. Barrett & Company Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. Voisard Asset Management Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. Finally, Centennial Bank AR purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $185.18 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company has a fifty day moving average of $181.80 and a two-hundred day moving average of $179.22. The stock has a market capitalization of $48.87 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.