Northwestern Mutual Wealth Management Co. Reduces Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Northwestern Mutual Wealth Management Co. reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 97.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,986 shares of the company’s stock after selling 2,199,204 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,325,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. WealthBridge Capital Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after acquiring an additional 50 shares during the last quarter. Empire Life Investments Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares during the period. Tompkins Financial Corp lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after purchasing an additional 52 shares during the period. Members Trust Co lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after purchasing an additional 57 shares during the period. Finally, NorthCrest Asset Manangement LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.4% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock valued at $269,000 after purchasing an additional 58 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $212.74 on Friday. The firm has a fifty day moving average price of $201.67 and a 200 day moving average price of $200.60. iShares MSCI USA Quality Factor ETF has a 1 year low of $173.00 and a 1 year high of $213.33. The stock has a market cap of $61.68 billion, a P/E 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.