WR Wealth Planners LLC Lowers Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

WR Wealth Planners LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 56.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,083 shares of the company’s stock after selling 5,345 shares during the quarter. WR Wealth Planners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $727,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $25,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. BankPlus Trust Department acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $27,000. Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $29,000. Finally, MGB Wealth Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $181.62 on Friday. The company has a fifty day moving average of $181.80 and a two-hundred day moving average of $180.43. The stock has a market capitalization of $50.44 billion, a PE ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.