Focus Financial Network Inc. Trims Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Focus Financial Network Inc. cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,289 shares of the company’s stock after selling 5,831 shares during the period. Focus Financial Network Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,544,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Rosenberg Matthew Hamilton grew its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after buying an additional 59 shares during the last quarter. Bristlecone Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after purchasing an additional 59 shares during the last quarter. Procyon Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after purchasing an additional 61 shares in the last quarter. Columbus Macro LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after purchasing an additional 66 shares in the last quarter. Finally, Sheridan Capital Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 0.6% during the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.2 %

QUAL opened at $184.14 on Tuesday. The company has a market cap of $48.59 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm’s 50-day moving average price is $181.94 and its 200-day moving average price is $178.91. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.