Mattern Wealth Management LLC Sells 248 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Mattern Wealth Management LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,913 shares of the company’s stock after selling 248 shares during the quarter. Mattern Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,587,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of QUAL. FMR LLC boosted its stake in 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 acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC lifted its stake in shares of 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 purchasing an additional 950,857 shares during the period. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $108,645,000. Orgel Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 71.6% during the third quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after purchasing an additional 515,998 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $77,463,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $182.51 on Tuesday. The stock has a 50-day moving average of $181.80 and a 200-day moving average of $178.16. 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 market cap of $48.16 billion, a PE ratio of 23.03 and a beta of 1.03.

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.