Trek Financial LLC Sells 36,173 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Trek Financial LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,545 shares of the company’s stock after selling 36,173 shares during the quarter. Trek Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,820,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. MML Investors Services LLC boosted its stake 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 worth $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC boosted its stake 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 worth $605,901,000 after purchasing an additional 44,952 shares during the period. Facet Wealth Inc. boosted its stake 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 worth $589,952,000 after purchasing an additional 259,414 shares during the period. Focus Partners Wealth boosted its stake 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 worth $417,413,000 after purchasing an additional 43,309 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in 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 period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $210.57 on Tuesday. The company has a market capitalization of $61.05 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $173.00 and a 1-year high of $211.23. The business has a 50 day simple moving average of $200.21 and a two-hundred day simple moving average of $199.81.

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.