Fifth Third Bancorp Sells 2,479 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Fifth Third Bancorp lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,936 shares of the company’s stock after selling 2,479 shares during the period. Fifth Third Bancorp’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. MML Investors Services LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after buying an additional 44,285 shares during the period. Orgel Wealth Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after buying an additional 44,952 shares during the period. Facet Wealth Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 9.9% in the 4th quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after buying an additional 259,414 shares during the period. Focus Partners Wealth increased its holdings in iShares MSCI USA Quality Factor ETF by 2.1% in the 3rd quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock valued at $417,413,000 after buying an additional 43,309 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after purchasing an additional 62,154 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $207.15 on Monday. The firm’s 50-day simple moving average is $199.67 and its 200-day simple moving average is $199.27. iShares MSCI USA Quality Factor ETF has a twelve month low of $169.23 and a twelve month high of $208.67. The firm has a market cap of $60.06 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.