Lionsbridge Wealth Management LLC Trims Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Lionsbridge Wealth Management LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,322 shares of the company’s stock after selling 781 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.7% of Lionsbridge Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Lionsbridge Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,016,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after acquiring an additional 863,219 shares in the last quarter. M&T Bank Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares during the period. Finally, MML Investors Services LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 2.3 %

BATS QUAL opened at $180.68 on Monday. The stock has a market capitalization of $47.68 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average of $181.78 and a 200 day moving average of $177.82. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

iShares MSCI USA Quality Factor ETF 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.