Sollinda Capital Management LLC Has $23.88 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Sollinda Capital Management LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,087 shares of the company’s stock after selling 3,134 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 6.6% of Sollinda Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Sollinda Capital Management LLC owned approximately 0.05% of iShares MSCI USA Quality Factor ETF worth $23,878,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC increased its position in 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 valued at $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its position in 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 acquiring an additional 950,857 shares in the last quarter. M&T Bank Corp increased its position in iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares in the last quarter. Keybank National Association OH increased its position in iShares MSCI USA Quality Factor ETF by 1.7% in the 4th quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after acquiring an additional 64,819 shares in the last quarter. Finally, MML Investors Services LLC increased its position 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 valued at $512,735,000 after acquiring an additional 170,321 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 2.2 %

QUAL opened at $172.77 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26. The firm has a 50-day moving average price of $181.28 and a two-hundred day moving average price of $180.62. The stock has a market capitalization of $47.98 billion, a PE ratio of 28.36 and a beta of 1.04.

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.