Quartz Partners LLC Cuts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Quartz Partners LLC lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,584 shares of the company’s stock after selling 421 shares during the period. Quartz Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $460,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the period. Strategic Financial Concepts LLC raised its position in iShares MSCI USA Quality Factor ETF by 18,801.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after purchasing an additional 519,868 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $81,990,000. Finally, Goldstein Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 11,176.9% during the third quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock worth $50,569,000 after buying an additional 279,535 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $182.67 on Monday. The company’s 50 day moving average price is $181.78 and its 200 day moving average price is $180.14. The firm has a market capitalization of $48.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.