Geneva Partners LLC Sells 4,891 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Geneva Partners LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,242 shares of the company’s stock after selling 4,891 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 4.1% of Geneva Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Geneva Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,486,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of QUAL. Coldstream Capital Management Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 132.4% during the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after acquiring an additional 595,017 shares in the last quarter. Cassilly Financial Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $1,348,000. Aspen Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the fourth quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock worth $45,461,000 after acquiring an additional 5,878 shares in the last quarter. Keel Point LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 37.0% during the third quarter. Keel Point LLC now owns 13,818 shares of the company’s stock worth $2,688,000 after purchasing an additional 3,732 shares during the period. Finally, Liberty Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the fourth quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock worth $31,622,000 after purchasing an additional 3,188 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $217.74 on Wednesday. The stock has a 50 day simple moving average of $213.73 and a 200 day simple moving average of $205.17. iShares MSCI USA Quality Factor ETF has a 52-week low of $181.55 and a 52-week high of $220.24. The firm has a market capitalization of $63.13 billion, a PE ratio of 25.59 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.