Synovus Financial Corp Sells 8,511 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Synovus Financial Corp reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 399,550 shares of the company’s stock after selling 8,511 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 0.8% of Synovus Financial Corp’s investment portfolio, making the stock its 20th biggest position. Synovus Financial Corp owned approximately 0.15% of iShares MSCI USA Quality Factor ETF worth $71,639,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of QUAL. GAMMA Investing LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after acquiring an additional 58 shares during the last quarter. Carnegie Investment Counsel lifted its position in iShares MSCI USA Quality Factor ETF by 0.5% during the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after purchasing an additional 61 shares in the last quarter. Procyon Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 4.7% during the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares during the period. Bristlecone Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock worth $2,912,000 after buying an additional 63 shares during the period. Finally, Columbus Macro LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.7 %

Shares of BATS:QUAL opened at $184.74 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market cap of $48.75 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a 50 day moving average of $182.13 and a 200 day moving average of $175.90.

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.