Financial Counselors Inc. Cuts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Financial Counselors Inc. cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,332 shares of the company’s stock after selling 280 shares during the quarter. Financial Counselors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $593,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Rosenberg Matthew Hamilton raised its position in iShares MSCI USA Quality Factor ETF by 5.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after acquiring an additional 59 shares during the period. Bristlecone Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after purchasing an additional 59 shares during the period. Sheridan Capital Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.6% in the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after purchasing an additional 66 shares during the last quarter. Florida Financial Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after buying an additional 66 shares during the last quarter. Finally, HB Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.0% in the fourth quarter. HB Wealth Management LLC now owns 7,033 shares of the company’s stock valued at $1,253,000 after buying an additional 72 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $169.57 on Friday. The stock has a fifty day moving average of $179.47 and a 200-day moving average of $180.22. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26. The company has a market capitalization of $48.13 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04.

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.