Thrive Wealth Management LLC Sells 568 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Thrive Wealth Management LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,248 shares of the company’s stock after selling 568 shares during the quarter. Thrive Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,382,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of QUAL. Envestnet Asset Management Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 479.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 29,707,929 shares of the company’s stock valued at $3,685,714,000 after purchasing an additional 24,582,578 shares during the last quarter. FMR LLC grew its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the 1st quarter. FMR LLC now owns 12,827,329 shares of the company’s stock worth $1,591,423,000 after acquiring an additional 257,139 shares in the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 46.2% in the 1st quarter. LPL Financial LLC now owns 12,348,358 shares of the company’s stock worth $1,531,999,000 after acquiring an additional 3,901,463 shares in the last quarter. BlackRock Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 145.7% in the 1st quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after acquiring an additional 4,051,296 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in iShares MSCI USA Quality Factor ETF by 27.3% in the 1st quarter. Bank of America Corp DE now owns 6,243,670 shares of the company’s stock worth $774,621,000 after acquiring an additional 1,340,899 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded down $2.10 during mid-day trading on Monday, reaching $136.07. The company had a trading volume of 1,002,897 shares. The company has a market capitalization of $30.77 billion, a PE ratio of 16.30 and a beta of 1.03. The firm has a 50 day moving average of $137.48 and a 200 day moving average of $129.95. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month 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.