Mattern Capital Management LLC Reduces Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Mattern Capital Management LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,628 shares of the company’s stock after selling 3,029 shares during the period. Mattern Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,002,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Alpha Financial Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 903.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after buying an additional 34,820 shares in the last quarter. Signaturefd LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after acquiring an additional 227 shares in the last quarter. TFG Advisers LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $205,000. McAdam LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 23.6% during the 3rd quarter. McAdam LLC now owns 3,494 shares of the company’s stock worth $627,000 after acquiring an additional 666 shares in the last quarter. Finally, SOL Capital Management CO increased its position in shares of iShares MSCI USA Quality Factor ETF by 14.4% during the 3rd quarter. SOL Capital Management CO now owns 49,772 shares of the company’s stock valued at $8,924,000 after purchasing an additional 6,250 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $185.76 on Friday. The company has a market cap of $49.02 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s 50 day moving average price is $181.81 and its 200-day moving average price is $179.78. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.