iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Banco Santander S.A.

Banco Santander S.A. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,305 shares of the company’s stock after selling 1,325 shares during the period. Banco Santander S.A.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,004,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in QUAL. Cetera Investment Advisers boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the first quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after buying an additional 982,323 shares during the period. Scarborough Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 1,460.0% in the fourth quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock valued at $143,242,000 after purchasing an additional 911,104 shares during the period. Wells Fargo & Company MN lifted its position in iShares MSCI USA Quality Factor ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock valued at $571,931,000 after purchasing an additional 897,256 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock valued at $3,936,223,000 after purchasing an additional 744,380 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in iShares MSCI USA Quality Factor ETF by 108.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,056,047 shares of the company’s stock valued at $155,387,000 after purchasing an additional 550,321 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL traded up $0.02 during mid-day trading on Thursday, reaching $176.42. The stock had a trading volume of 1,046,445 shares. The firm has a market capitalization of $46.56 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The business has a 50 day simple moving average of $171.89 and a 200 day simple moving average of $165.85.

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.