Swmg LLC Sells 38,878 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Swmg LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 47.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 42,980 shares of the company’s stock after selling 38,878 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 2.4% of Swmg LLC’s investment portfolio, making the stock its 11th biggest position. Swmg LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,752,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. WealthBridge Capital Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after purchasing an additional 50 shares during the last quarter. Empire Life Investments Inc. increased its position in iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after acquiring an additional 50 shares during the period. Tompkins Financial Corp increased its position in iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after acquiring an additional 52 shares during the period. Members Trust Co increased its position in iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after acquiring an additional 57 shares during the period. Finally, GAMMA Investing LLC increased its position in iShares MSCI USA Quality Factor ETF by 3.5% in the 4th quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock valued at $341,000 after acquiring an additional 58 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $215.24 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $216.22. The firm has a 50 day moving average price of $203.11 and a two-hundred day moving average price of $201.17. The stock has a market cap of $62.41 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.