iShares MSCI USA Quality Factor ETF (BATS:QUAL) Holdings Trimmed by Forte Asset Management LLC

Forte Asset Management LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,065 shares of the company’s stock after selling 835 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 5.2% of Forte Asset Management LLC’s holdings, making the stock its 3rd largest holding. Forte Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,806,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $108,645,000. Orgel Wealth Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 71.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after buying an additional 515,998 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $77,463,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $182.51 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The stock’s 50-day moving average is $181.80 and its 200 day moving average is $178.16. The company has a market cap of $48.16 billion, a P/E 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.