Tennessee Valley Asset Management Partners Sells 2,582 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tennessee Valley Asset Management Partners lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 47,179 shares of the company’s stock after selling 2,582 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.4% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 14th biggest position. Tennessee Valley Asset Management Partners’ holdings in iShares MSCI USA Quality Factor ETF were worth $8,402,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in iShares MSCI USA Quality Factor ETF by 3.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after purchasing an additional 58 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after buying an additional 59 shares during the last quarter. Procyon Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after acquiring an additional 61 shares in the last quarter. Columbus Macro LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after acquiring an additional 66 shares during the last quarter. Finally, Beaumont Financial Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 3.0% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 2,301 shares of the company’s stock valued at $413,000 after acquiring an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $184.10 on Monday. The business has a 50-day simple moving average of $181.80 and a two-hundred day simple moving average of $178.16. The company has a market capitalization of $48.58 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.