Prudential PLC Has $1.21 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Prudential PLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,806 shares of the company’s stock after selling 5,320 shares during the period. Prudential PLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $25,000. BankPlus Trust Department bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $27,000. Rialto Wealth Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $32,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $32,000. Finally, Whittier Trust Co. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 63.1% in the fourth quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after buying an additional 82 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $154.53 on Tuesday. The business has a 50-day moving average of $177.31 and a 200-day moving average of $179.76. 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 capitalization of $43.79 billion, a price-to-earnings ratio of 26.25 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.