Kraft Davis & Associates LLC Has $15.70 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Kraft Davis & Associates LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,728 shares of the company’s stock after selling 6,713 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 3.8% of Kraft Davis & Associates LLC’s holdings, making the stock its 4th biggest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,696,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $25,000. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $29,000. CoreFirst Bank & Trust bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $36,000. Finally, Phillips Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Stock Up 15.4%

Shares of QUAL opened at $203.85 on Friday. The stock has a market capitalization of $59.11 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a fifty day simple moving average of $201.01 and a two-hundred day simple moving average of $194.86.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.