UBS Group AG trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 4.9% during the fourth quarter, Holdings Channel reports. The fund owned 3,718,062 shares of the company’s stock after selling 192,083 shares during the quarter. UBS Group AG’s holdings in iShares MSCI USA Quality Factor ETF were worth $738,481,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $25,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $28,000. Decker Retirement Planning Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $32,000. First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $36,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $39,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of QUAL stock opened at $207.40 on Monday. The stock’s 50 day simple moving average is $199.35 and its 200 day simple moving average is $198.89. iShares MSCI USA Quality Factor ETF has a twelve month low of $165.28 and a twelve month high of $207.72. The company has a market capitalization of $60.14 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
Further Reading
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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