Bank of Nova Scotia Sells 19,134 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bank of Nova Scotia lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,609 shares of the company’s stock after selling 19,134 shares during the period. Bank of Nova Scotia’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,616,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Rollins Financial Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.0% in the 4th quarter. Rollins Financial Advisors LLC now owns 31,838 shares of the company’s stock valued at $5,670,000 after purchasing an additional 926 shares during the last quarter. Bush Investment Group LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 6.1% during the fourth quarter. Bush Investment Group LLC now owns 18,206 shares of the company’s stock worth $3,242,000 after purchasing an additional 1,047 shares during the last quarter. Certior Financial Group LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $1,178,000. Soundwatch Capital LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 34.1% in the fourth quarter. Soundwatch Capital LLC now owns 4,730 shares of the company’s stock valued at $842,000 after purchasing an additional 1,203 shares during the period. Finally, Cerity Partners LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the 4th quarter. Cerity Partners LLC now owns 2,690,956 shares of the company’s stock worth $479,205,000 after buying an additional 107,659 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $160.74 on Friday. The firm’s 50-day moving average is $174.91 and its two-hundred day moving average is $179.11. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market cap of $45.55 billion, a price-to-earnings ratio of 26.25 and a beta of 1.05.

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.