W.G. Shaheen & Associates DBA Whitney & Co Cuts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

W.G. Shaheen & Associates DBA Whitney & Co trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,213 shares of the company’s stock after selling 278 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in iShares MSCI USA Quality Factor ETF were worth $218,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after purchasing an additional 999,735 shares during the period. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after acquiring an additional 727,760 shares during the period. Ameriprise Financial Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 5.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after purchasing an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after buying an additional 73,653 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

BATS:QUAL opened at $179.98 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a fifty day simple moving average of $179.50 and a 200-day simple moving average of $173.30. The company has a market capitalization of $47.50 billion, a PE ratio of 23.03 and a beta of 1.03.

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.