Northwest Capital Management Inc Sells 6,274 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Northwest Capital Management Inc trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,737 shares of the company’s stock after selling 6,274 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.8% of Northwest Capital Management Inc’s portfolio, making the stock its 7th biggest holding. Northwest Capital Management Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,672,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after acquiring an additional 624,581 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after acquiring an additional 50,889 shares in the last quarter. Cerity Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter. MML Investors Services LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1.3% during the second 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. Finally, CWM LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock valued at $619,236,000 after purchasing an additional 64,226 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 12.5%

BATS:QUAL opened at $198.73 on Thursday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The firm has a market cap of $57.62 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50 day moving average is $197.12 and its 200-day moving average is $191.06.

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.