iShares MSCI USA Quality Factor ETF $QUAL Stock Position Lessened by Scarborough Advisors LLC

Scarborough Advisors LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 21.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 129,739 shares of the company’s stock after selling 35,943 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 2.7% of Scarborough Advisors LLC’s holdings, making the stock its 9th biggest position. Scarborough Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,885,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Two Sigma Investments LP increased its stake in iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock valued at $375,735,000 after purchasing an additional 964,500 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 403.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after buying an additional 887,478 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 79.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after buying an additional 778,465 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $81,990,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 298.3% during the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after buying an additional 406,488 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $217.87 on Monday. The stock’s 50-day moving average price is $215.49 and its 200 day moving average price is $206.23. The stock has a market capitalization of $63.17 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $181.65 and a 52-week high of $221.16.

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.