ORG Wealth Partners LLC Cuts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ORG Wealth Partners LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,796 shares of the company’s stock after selling 1,170 shares during the quarter. ORG Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $498,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of QUAL. FMR LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd 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. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after purchasing an additional 999,735 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after buying an additional 863,219 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $108,645,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.2 %

QUAL stock traded up $0.35 during midday trading on Friday, hitting $178.99. 2,389,426 shares of the company’s stock were exchanged. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The business has a 50-day simple moving average of $182.07 and a two-hundred day simple moving average of $177.46. The stock has a market capitalization of $47.24 billion, a PE ratio of 23.03 and a beta of 1.03.

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.