Braun Bostich & Associates Inc. Has $6.38 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Braun Bostich & Associates Inc. lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,813 shares of the company’s stock after selling 226 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 4.6% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 4th biggest position. Braun Bostich & Associates Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,378,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after buying an additional 227 shares during the last quarter. Annandale Capital LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after acquiring an additional 363 shares in the last quarter. AlTi Global Inc. grew its position in iShares MSCI USA Quality Factor ETF by 3.2% during the 2nd quarter. AlTi Global Inc. now owns 30,297 shares of the company’s stock worth $5,174,000 after acquiring an additional 947 shares during the last quarter. CreativeOne Wealth LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after purchasing an additional 76,472 shares in the last quarter. Finally, Mattson Financial Services LLC bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $2,135,000.

iShares MSCI USA Quality Factor ETF Trading Up 3.1 %

Shares of QUAL stock opened at $182.10 on Wednesday. The firm has a market capitalization of $48.05 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business’s 50-day moving average price is $181.71 and its 200-day moving average price is $177.88. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

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.