Cynosure Group LLC Has $3.98 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Cynosure Group LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 57.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,016 shares of the company’s stock after selling 26,521 shares during the quarter. Cynosure Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,976,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. MML Investors Services LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after acquiring an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after acquiring an additional 44,952 shares in the last quarter. Facet Wealth Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 9.9% during the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock worth $589,952,000 after acquiring an additional 259,414 shares in the last quarter. Focus Partners Wealth raised its holdings in iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after acquiring an additional 240,881 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after acquiring an additional 62,154 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $219.20 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $219.82. The firm has a market capitalization of $63.56 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50-day simple moving average is $209.14 and its 200 day simple moving average is $203.17.

iShares MSCI USA Quality Factor ETF Company 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.