Maple Capital Management Inc. Sells 176 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Maple Capital Management Inc. cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,293 shares of the company’s stock after selling 176 shares during the period. Maple Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $232,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after buying an additional 999,735 shares during the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after buying an additional 727,760 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 5.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after buying an additional 172,340 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in iShares MSCI USA Quality Factor ETF by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after buying an additional 73,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $181.97 on Tuesday. The firm has a market capitalization of $48.02 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business’s fifty day moving average price is $177.36 and its two-hundred day moving average price is $170.35. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.