Bryn Mawr Capital Management LLC Trims Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bryn Mawr Capital Management LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 60.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,476 shares of the company’s stock after selling 89,826 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,413,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in QUAL. FMR LLC increased its stake in 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 worth $2,841,683,000 after buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC boosted its stake 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. M&T Bank Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after purchasing an additional 28,147 shares in the last quarter. MML Investors Services LLC raised its stake in 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 purchasing an additional 170,321 shares during the period. Finally, Cerity Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 7.2% in the 3rd quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after purchasing an additional 173,127 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $186.15 on Thursday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business has a 50 day simple moving average of $181.79 and a two-hundred day simple moving average of $179.74. The company has a market capitalization of $49.12 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.