iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Forte Asset Management LLC’s 3rd Largest Position

Forte Asset Management LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,065 shares of the company’s stock after selling 835 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 5.2% of Forte Asset Management LLC’s holdings, making the stock its 3rd largest position. Forte Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,806,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. W Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 9.4% during the fourth quarter. W Advisors LLC now owns 13,073 shares of the company’s stock valued at $2,328,000 after acquiring an additional 1,125 shares in the last quarter. Warner Financial Inc. raised its position in iShares MSCI USA Quality Factor ETF by 17.0% during the fourth quarter. Warner Financial Inc. now owns 27,840 shares of the company’s stock valued at $4,958,000 after acquiring an additional 4,038 shares in the last quarter. Cascade Investment Advisors Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $293,000. Sheridan Capital Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after acquiring an additional 66 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 4.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 692,942 shares of the company’s stock valued at $123,399,000 after acquiring an additional 32,573 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 3.3 %

Shares of QUAL stock opened at $182.51 on Tuesday. The stock has a 50 day moving average of $181.80 and a 200 day moving average of $178.16. The stock has a market cap of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

iShares MSCI USA Quality Factor ETF 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.