The Manufacturers Life Insurance Company Decreases Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

The Manufacturers Life Insurance Company reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 59.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 378,695 shares of the company’s stock after selling 556,999 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares MSCI USA Quality Factor ETF were worth $67,900,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after buying an additional 227 shares during the last quarter. Provident Investment Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock valued at $1,903,000 after purchasing an additional 614 shares in the last quarter. Annandale Capital LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after purchasing an additional 363 shares in the last quarter. Calamos Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the second quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after purchasing an additional 365 shares during the last quarter. Finally, Crestwood Advisors Group LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 103.2% during the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after purchasing an additional 11,711 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $184.25 on Thursday. The business’s fifty day moving average price is $180.60 and its two-hundred day moving average price is $174.41. The stock has a market cap of $48.62 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.