Ewa LLC Has $1.14 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Ewa LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 91.3% in the 1st quarter, Holdings Channel reports. The fund owned 5,931 shares of the company’s stock after selling 62,387 shares during the quarter. Ewa LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,138,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $81,990,000. Bison Wealth LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares in the last quarter. AQR Capital Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after acquiring an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after acquiring an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 1.7%

QUAL opened at $217.29 on Tuesday. The stock has a market capitalization of $63.00 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $181.55 and a 12 month high of $219.82. The firm’s fifty day simple moving average is $212.29 and its 200 day simple moving average is $204.34.

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.