TIAA Trust National Association Lowers Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

TIAA Trust National Association lowered its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 627,208 shares of the company’s stock after selling 104,145 shares during the quarter. TIAA Trust National Association owned approximately 0.24% of iShares MSCI USA Quality Factor ETF worth $111,693,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton lifted its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after buying an additional 59 shares in the last quarter. Bristlecone Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after acquiring an additional 59 shares in the last quarter. Sheridan Capital Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after acquiring an additional 66 shares during the last quarter. HB Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.0% in the fourth quarter. HB Wealth Management LLC now owns 7,033 shares of the company’s stock valued at $1,253,000 after purchasing an additional 72 shares in the last quarter. Finally, Fortis Capital Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Fortis Capital Management LLC now owns 24,494 shares of the company’s stock worth $4,362,000 after purchasing an additional 73 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.1 %

Shares of BATS:QUAL opened at $174.73 on Tuesday. The firm has a fifty day simple moving average of $179.92 and a two-hundred day simple moving average of $180.30. iShares MSCI USA Quality Factor ETF has a 52 week low of $154.17 and a 52 week high of $187.26. The stock has a market capitalization of $49.60 billion, a P/E ratio of 26.45 and a beta of 1.04.

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.