Dorsey Wright & Associates Lowers Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Dorsey Wright & Associates cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,313 shares of the company’s stock after selling 273 shares during the period. Dorsey Wright & Associates’ holdings in iShares MSCI USA Quality Factor ETF were worth $3,083,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. BankPlus Trust Department purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $27,000. Rialto Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $32,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $32,000. Finally, Whittier Trust Co. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 63.1% in the 4th quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after buying an additional 82 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 4.0 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $169.57 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $154.17 and a 52-week high of $187.26. The firm’s 50 day moving average price is $179.47 and its 200-day moving average price is $180.27. The company has a market cap of $48.13 billion, a P/E ratio of 26.45 and a beta of 1.04.

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.