Traynor Capital Management Inc. Decreases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Traynor Capital Management Inc. trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,145 shares of the company’s stock after selling 141 shares during the period. Traynor Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $204,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of QUAL. Signaturefd LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares during the last quarter. Annandale Capital LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after buying an additional 363 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 43.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after acquiring an additional 76,472 shares during the period. Mattson Financial Services LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $2,135,000. Finally, Midwest Heritage Bank FSB grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after acquiring an additional 199 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 4.5 %

QUAL opened at $184.65 on Friday. The stock has a market capitalization of $48.73 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm has a 50 day moving average price of $181.67 and a 200-day moving average price of $177.98. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.