Tennessee Valley Asset Management Partners Sells 2,582 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tennessee Valley Asset Management Partners decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,179 shares of the company’s stock after selling 2,582 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.4% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 14th biggest holding. Tennessee Valley Asset Management Partners’ holdings in iShares MSCI USA Quality Factor ETF were worth $8,402,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC lifted its position 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 purchasing an additional 1,160,410 shares during the period. LPL Financial LLC raised its stake in 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 buying an additional 950,857 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at $108,645,000. Orgel Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 71.6% during the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after acquiring an additional 515,998 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $77,463,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.2 %

QUAL stock opened at $184.10 on Monday. The firm has a market cap of $48.58 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average price of $181.80 and a 200-day moving average price of $178.16. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year 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.