Savant Capital LLC Sells 531,410 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Savant Capital LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 50.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 526,000 shares of the company’s stock after selling 531,410 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.0% of Savant Capital LLC’s portfolio, making the stock its 20th largest holding. Savant Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $77,396,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in QUAL. Baystate Wealth Management LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.2% during the fourth quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock valued at $24,914,000 after buying an additional 1,997 shares during the last quarter. Western Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.8% in the third quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock worth $4,508,000 after acquiring an additional 2,163 shares during the last quarter. Millington Financial Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock valued at $2,863,000 after acquiring an additional 296 shares in the last quarter. Day & Ennis LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.2% in the 4th quarter. Day & Ennis LLC now owns 75,901 shares of the company’s stock worth $11,168,000 after purchasing an additional 898 shares during the last quarter. Finally, MA Private Wealth boosted its stake in iShares MSCI USA Quality Factor ETF by 50.6% in the 4th quarter. MA Private Wealth now owns 272,596 shares of the company’s stock worth $40,110,000 after purchasing an additional 91,571 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded down $2.04 during trading on Tuesday, hitting $156.93. 1,171,438 shares of the stock traded hands. The stock has a market cap of $41.06 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The firm’s 50 day moving average is $160.99 and its two-hundred day moving average is $150.06.

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.