Sowell Financial Services LLC Reduces Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Sowell Financial Services LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,453 shares of the company’s stock after selling 3,216 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 1.5% of Sowell Financial Services LLC’s investment portfolio, making the stock its 8th biggest holding. Sowell Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $29,108,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of QUAL. QRG Capital Management Inc. grew its position in iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. QRG Capital Management Inc. now owns 6,185 shares of the company’s stock valued at $1,109,000 after buying an additional 418 shares during the period. Principal Financial Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 37.2% during the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after buying an additional 2,682 shares in the last quarter. Leavell Investment Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 33,767 shares of the company’s stock valued at $6,054,000 after buying an additional 1,424 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 1,734 shares of the company’s stock valued at $311,000 after buying an additional 84 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 15.3% in the 3rd quarter. Assetmark Inc. now owns 44,692 shares of the company’s stock worth $8,013,000 after purchasing an additional 5,921 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

Shares of QUAL stock opened at $177.06 on Friday. The company’s fifty day simple moving average is $181.44 and its two-hundred day simple moving average is $180.61. iShares MSCI USA Quality Factor ETF has a 52 week low of $154.17 and a 52 week high of $187.26. The stock has a market cap of $49.17 billion, a P/E ratio of 28.36 and a beta of 1.04.

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.