SNS Financial Group LLC Sells 19,790 Shares of iShares MSCI USA Quality Factor ETF $QUAL

SNS Financial Group LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 758,836 shares of the company’s stock after selling 19,790 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 13.0% of SNS Financial Group LLC’s holdings, making the stock its biggest holding. SNS Financial Group LLC owned approximately 0.26% of iShares MSCI USA Quality Factor ETF worth $150,720,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $25,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $30,000. Decker Retirement Planning Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $32,000. Finally, First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $207.25 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $169.23 and a 1 year high of $207.72. The firm’s 50 day moving average price is $199.67 and its 200 day moving average price is $199.18. The firm has a market cap of $60.09 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.