iShares MSCI USA Quality Factor ETF $QUAL Stock Position Lowered by Valence8 US LP

Valence8 US LP lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 363,103 shares of the company’s stock after selling 35,622 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 21.4% of Valence8 US LP’s holdings, making the stock its 2nd biggest holding. Valence8 US LP owned about 0.13% of iShares MSCI USA Quality Factor ETF worth $72,120,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in QUAL. Hantz Financial Services Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $32,000. Finally, Ransom Advisory Ltd purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

Shares of QUAL stock opened at $215.24 on Thursday. The company’s fifty day simple moving average is $203.11 and its 200-day simple moving average is $201.17. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $216.22. The company has a market cap of $62.41 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.