Norden Group LLC Sells 3,177 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Norden Group LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,972 shares of the company’s stock after selling 3,177 shares during the period. Norden Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $351,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of QUAL. FMR LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares in the last quarter. M&T Bank Corp grew its position in iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after acquiring an additional 28,147 shares during the last quarter. MML Investors Services LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after purchasing an additional 170,321 shares in the last quarter. Finally, Cerity Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 7.2% in the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after purchasing an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

Shares of QUAL stock opened at $177.25 on Wednesday. The firm has a market capitalization of $49.22 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04. The business’s 50-day moving average price is $181.72 and its 200-day moving average price is $180.61. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26.

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.