Shepherd Financial Partners LLC Sells 1,701 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Shepherd Financial Partners LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,917 shares of the company’s stock after selling 1,701 shares during the quarter. Shepherd Financial Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,478,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Realta Investment Advisors lifted its position in shares of iShares MSCI USA Quality Factor ETF by 83.4% during the 4th quarter. Realta Investment Advisors now owns 587 shares of the company’s stock valued at $105,000 after acquiring an additional 267 shares during the period. Golden State Wealth Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $4,327,000. Gilliland Jeter Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 31.7% during the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 3,219 shares of the company’s stock valued at $573,000 after purchasing an additional 774 shares during the period. Fairvoy Private Wealth LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $1,822,000. Finally, Strategic Financial Concepts LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after buying an additional 519,868 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $182.89 on Friday. The business has a 50-day simple moving average of $181.99 and a 200 day simple moving average of $178.73. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The firm has a market capitalization of $48.26 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.