Northwest Capital Management Inc Sells 3,690 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Northwest Capital Management Inc lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 39,896 shares of the company’s stock after selling 3,690 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 3.0% of Northwest Capital Management Inc’s portfolio, making the stock its 7th largest holding. Northwest Capital Management Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,105,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the last quarter. M&T Bank Corp grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock valued at $726,199,000 after acquiring an additional 28,147 shares in the last quarter. MML Investors Services LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after acquiring an additional 170,321 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.2% in the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after acquiring an additional 173,127 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $182.67 on Monday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a 50-day moving average price of $181.78 and a 200 day moving average price of $180.14. The company has a market capitalization of $48.21 billion, a P/E 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.