Cynosure Group LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 57.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,016 shares of the company’s stock after selling 26,521 shares during the period. Cynosure Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,976,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advocate Investing Services LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $25,000. Resources Management Corp CT ADV bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000.
iShares MSCI USA Quality Factor ETF Price Performance
QUAL opened at $219.20 on Tuesday. The business’s 50-day moving average price is $209.14 and its two-hundred day moving average price is $203.17. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $219.82. The company has a market capitalization of $63.56 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.
iShares MSCI USA Quality Factor ETF Company 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.
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