ORG Partners LLC Cuts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ORG Partners LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,284 shares of the company’s stock after selling 654 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.0% of ORG Partners LLC’s portfolio, making the stock its 28th biggest holding. ORG Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,709,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. FMR LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after purchasing an additional 999,735 shares during the period. LPL Financial LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $108,645,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL traded up $0.35 during midday trading on Friday, reaching $178.99. 2,389,426 shares of the company’s stock were exchanged. 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 market capitalization of $47.24 billion, a PE ratio of 23.03 and a beta of 1.03. The business’s 50-day moving average price is $182.07 and its 200 day moving average price is $177.46.

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.