iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Gries Financial LLC

Gries Financial LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 129,522 shares of the company’s stock after selling 10,768 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 4.1% of Gries Financial LLC’s portfolio, making the stock its 3rd biggest holding. Gries Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,065,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Halpern Financial Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $26,000. Barrett & Company Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Voisard Asset Management Group Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Finally, Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.7 %

iShares MSCI USA Quality Factor ETF stock opened at $183.24 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market capitalization of $48.36 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company has a fifty day simple moving average of $181.92 and a 200-day simple moving average of $178.30.

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.