Beacon Financial Advisory LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 13.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,177 shares of the company’s stock after selling 3,025 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 0.9% of Beacon Financial Advisory LLC’s holdings, making the stock its 20th largest holding. Beacon Financial Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,809,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000.
iShares MSCI USA Quality Factor ETF Price Performance
BATS QUAL opened at $219.20 on Tuesday. The firm has a market cap of $63.56 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $219.82. The stock’s 50 day simple moving average is $209.14 and its 200 day simple moving average is $203.17.
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.
Featured Stories
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
