Franklin Resources Inc. Sells 13,296 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Franklin Resources Inc. reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 522,171 shares of the company’s stock after selling 13,296 shares during the quarter. Franklin Resources Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $95,657,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after acquiring an additional 999,735 shares during the period. FMR LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd 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 period. LPL Financial LLC raised its holdings 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 acquiring an additional 950,857 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares during the period. Finally, M&T Bank Corp raised its holdings in iShares MSCI USA Quality Factor ETF by 0.7% in the 3rd 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 during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.4 %

Shares of QUAL opened at $183.96 on Monday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm’s 50 day moving average is $182.22 and its 200-day moving average is $176.08. The stock has a market capitalization of $48.55 billion, a PE 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.