iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Dakota Wealth Management

Dakota Wealth Management cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.3% in the fourth quarter, HoldingsChannel reports. The firm owned 17,427 shares of the company’s stock after selling 1,788 shares during the period. Dakota Wealth Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after acquiring an additional 863,219 shares during the period. M&T Bank Corp boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after acquiring an additional 28,147 shares in the last quarter. Finally, MML Investors Services LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after acquiring an additional 170,321 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 4.0 %

BATS QUAL opened at $183.74 on Thursday. The stock has a market capitalization of $48.49 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average of $181.67 and a 200 day moving average of $177.94. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.