iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Hanlon Investment Management Inc.

Hanlon Investment Management Inc. reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.8% in the 4th quarter, Holdings Channel reports. The fund owned 9,889 shares of the company’s stock after selling 1,713 shares during the period. Hanlon Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of QUAL. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock worth $5,189,563,000 after acquiring an additional 596,515 shares in the last quarter. LPL Financial LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 14.5% in the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after purchasing an additional 2,141,996 shares during the period. FMR LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1.8% during the fourth quarter. FMR LLC now owns 16,141,300 shares of the company’s stock worth $2,874,443,000 after purchasing an additional 292,539 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI USA Quality Factor ETF by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after purchasing an additional 837,887 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,349,439 shares of the company’s stock valued at $952,628,000 after buying an additional 100,243 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $163.52 on Monday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company has a market cap of $46.34 billion, a price-to-earnings ratio of 26.25 and a beta of 1.05. The stock has a 50 day simple moving average of $174.51 and a 200-day simple moving average of $179.00.

iShares MSCI USA Quality Factor ETF 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.