Ledyard National Bank Lowers Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ledyard National Bank lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,621 shares of the company’s stock after selling 459 shares during the period. Ledyard National Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of QUAL. Sheets Smith Wealth Management bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $57,000. RHS Financial LLC lifted its position in iShares MSCI USA Quality Factor ETF by 20.5% during the third quarter. RHS Financial LLC now owns 17,424 shares of the company’s stock valued at $2,296,000 after purchasing an additional 2,968 shares in the last quarter. Pinnacle Associates Ltd. lifted its position in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. Pinnacle Associates Ltd. now owns 368,873 shares of the company’s stock valued at $48,614,000 after purchasing an additional 2,554 shares in the last quarter. Clear Creek Financial Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 7.0% during the third quarter. Clear Creek Financial Management LLC now owns 4,933 shares of the company’s stock valued at $650,000 after purchasing an additional 324 shares in the last quarter. Finally, Mission Wealth Management LP lifted its position in iShares MSCI USA Quality Factor ETF by 8.0% during the third quarter. Mission Wealth Management LP now owns 4,075 shares of the company’s stock valued at $537,000 after purchasing an additional 303 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.1 %

BATS QUAL traded down $0.08 on Tuesday, hitting $158.97. 895,027 shares of the company traded hands. The company has a market capitalization of $41.59 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. The business’s 50 day moving average price is $160.99 and its 200-day moving average price is $150.06. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week 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.