SNS Financial Group LLC Sells 19,790 Shares of iShares MSCI USA Quality Factor ETF $QUAL

SNS Financial Group LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the fourth quarter, Holdings Channel reports. The firm owned 758,836 shares of the company’s stock after selling 19,790 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 13.0% of SNS Financial Group LLC’s holdings, making the stock its biggest holding. SNS Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $150,720,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in QUAL. Brighton Jones LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000. Bison Wealth LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after purchasing an additional 3,383 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after purchasing an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after purchasing an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.7%

Shares of QUAL opened at $207.25 on Friday. The firm has a market cap of $60.09 billion, a PE ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average is $199.67 and its two-hundred day moving average is $199.18. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $169.23 and a fifty-two week high of $207.72.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.