Schrum Private Wealth Management LLC Sells 3,183 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Schrum Private Wealth Management LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,863 shares of the company’s stock after selling 3,183 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.0% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,222,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Ellis Investment Partners LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 13.1% during the 4th quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock worth $2,277,000 after purchasing an additional 1,481 shares during the last quarter. CreativeOne Wealth LLC grew its stake in iShares MSCI USA Quality Factor ETF by 43.4% during the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock worth $45,294,000 after purchasing an additional 76,472 shares during the period. Spectrum Planning & Advisory Services Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 7.4% in the third quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock valued at $7,243,000 after buying an additional 2,768 shares during the period. Principal Financial Group Inc. increased its position in iShares MSCI USA Quality Factor ETF by 37.2% in the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after buying an additional 2,682 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in 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 buying an additional 170,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 1.5 %

QUAL stock opened at $179.31 on Thursday. The firm has a market cap of $49.79 billion, a PE ratio of 28.36 and a beta of 1.04. The business has a 50 day moving average of $181.66 and a 200-day moving average of $180.60. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26.

About iShares MSCI USA Quality Factor ETF

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.