Detalus Advisors LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 28.7% in the 4th quarter, HoldingsChannel reports. The fund owned 84,523 shares of the company’s stock after selling 34,053 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 4.1% of Detalus Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Detalus Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,788,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the company. Cabot Wealth Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 6.8% in the 4th quarter. Cabot Wealth Management Inc. now owns 44,906 shares of the company’s stock valued at $8,919,000 after acquiring an additional 2,862 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 108,535 shares of the company’s stock valued at $21,557,000 after purchasing an additional 3,013 shares during the period. Morton Capital Management LLC CA grew its stake in shares of iShares MSCI USA Quality Factor ETF by 25.2% in the 4th quarter. Morton Capital Management LLC CA now owns 1,643 shares of the company’s stock valued at $326,000 after purchasing an additional 331 shares during the period. MA Private Wealth grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. MA Private Wealth now owns 169,087 shares of the company’s stock valued at $33,584,000 after purchasing an additional 2,338 shares during the period. Finally, Indivisible Partners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $261,000.
iShares MSCI USA Quality Factor ETF Trading Down 0.3%
QUAL stock opened at $209.46 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $170.64 and a 1-year high of $210.89. The firm has a market cap of $60.73 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $199.99 and its 200-day moving average is $199.61.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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