Noble Wealth Management PBC Sells 830 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Noble Wealth Management PBC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,024 shares of the company’s stock after selling 830 shares during the period. Noble Wealth Management PBC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,371,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 2.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock valued at $5,189,563,000 after purchasing an additional 596,515 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock worth $3,003,821,000 after acquiring an additional 2,141,996 shares during the period. FMR LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.8% in the fourth quarter. FMR LLC now owns 16,141,300 shares of the company’s stock worth $2,874,443,000 after acquiring an additional 292,539 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock worth $1,374,962,000 after acquiring an additional 113,633 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock worth $1,171,864,000 after acquiring an additional 837,887 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $180.52 on Thursday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The business has a fifty day moving average price of $170.85 and a 200-day moving average price of $176.69. The firm has a market capitalization of $52.11 billion, a P/E ratio of 25.81 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

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.