iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 33.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 465,944 shares of the company’s stock after selling 231,559 shares during the period. iShares MSCI USA Quality Factor ETF comprises 0.7% of Merit Financial Group LLC’s investment portfolio, making the stock its 28th largest position. Merit Financial Group LLC owned 0.16% of iShares MSCI USA Quality Factor ETF worth $92,546,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $81,990,000. Bison Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after purchasing an additional 3,383 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after purchasing an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.0%

BATS QUAL opened at $204.32 on Friday. The company’s fifty day simple moving average is $198.92 and its 200-day simple moving average is $198.40. iShares MSCI USA Quality Factor ETF has a 52 week low of $156.13 and a 52 week high of $205.65. The stock has a market cap of $59.24 billion, a P/E ratio of 25.59 and a beta of 1.05.

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