Mcmorgan & Co. LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 2.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 116,774 shares of the company’s stock after selling 2,996 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 3.6% of Mcmorgan & Co. LLC’s holdings, making the stock its 9th largest holding. Mcmorgan & Co. LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,399,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Advocate Investing Services LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the first quarter worth about $28,000. Ares Financial Consulting LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000.
iShares MSCI USA Quality Factor ETF Price Performance
BATS:QUAL opened at $219.80 on Thursday. The firm has a market capitalization of $63.73 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50 day simple moving average of $215.12 and a 200-day simple moving average of $205.97. iShares MSCI USA Quality Factor ETF has a 1 year low of $181.55 and a 1 year high of $220.24.
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.
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