Simplicity Wealth LLC Sells 33,489 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Simplicity Wealth LLC cut its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 77.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,014 shares of the company’s stock after selling 33,489 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,783,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. FMR LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares during the last quarter. M&T Bank Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the third 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 during the last quarter. Keybank National Association OH grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock worth $705,977,000 after acquiring an additional 64,819 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after acquiring an additional 170,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $177.06 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26. The firm has a market capitalization of $49.17 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. The stock’s 50-day simple moving average is $181.44 and its 200-day simple moving average is $180.64.

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.