Hughes Financial Services LLC Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Hughes Financial Services LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 71.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 60,442 shares of the company’s stock after selling 151,544 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.9% of Hughes Financial Services LLC’s portfolio, making the stock its 11th biggest position. Hughes Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,005,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in QUAL. Two Sigma Investments LP raised its position in shares of iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 403.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after acquiring an additional 887,478 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of iShares MSCI USA Quality Factor ETF by 79.0% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after acquiring an additional 778,465 shares in the last quarter. Coldstream Capital Management Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 132.4% during the 3rd 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. Finally, Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.8%

QUAL opened at $212.33 on Thursday. The firm has a market cap of $61.57 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $217.65. The business’s 50 day moving average is $207.65 and its two-hundred day moving average is $202.67.

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.