Wealthspire Advisors LLC Sells 10,495 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealthspire Advisors LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.3% in the fourth quarter, HoldingsChannel reports. The firm owned 91,247 shares of the company’s stock after selling 10,495 shares during the period. Wealthspire Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,249,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. FMR LLC grew its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the period. Strategic Financial Concepts LLC grew its stake in iShares MSCI USA Quality Factor ETF by 18,801.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after acquiring an additional 519,868 shares during the period. Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $81,990,000. Finally, Goldstein Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF by 11,176.9% in the third quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock valued at $50,569,000 after acquiring an additional 279,535 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $182.67 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The stock has a 50 day moving average price of $181.78 and a two-hundred day moving average price of $179.92. The stock has a market capitalization of $48.21 billion, a PE 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.