iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Position Trimmed by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,400 shares of the company’s stock after selling 2,558 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 2.4% of CFS Investment Advisory Services LLC’s portfolio, making the stock its 5th largest holding. CFS Investment Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $27,317,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. FMR LLC raised its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after buying an additional 1,160,410 shares in the last quarter. LPL Financial LLC grew 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 worth $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $108,645,000. Orgel Wealth Management LLC lifted its holdings 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 valued at $221,757,000 after purchasing an additional 515,998 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $77,463,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.2 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $184.10 on Friday. The stock has a 50-day moving average price of $181.80 and a 200 day moving average price of $178.11. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a market cap of $48.58 billion, a P/E 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.