Interchange Capital Partners LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 25.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,770 shares of the company’s stock after selling 5,619 shares during the period. Interchange Capital Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,330,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in QUAL. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $25,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $32,000. Finally, First Horizon Corp acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $36,000.
iShares MSCI USA Quality Factor ETF Trading Down 0.6%
QUAL stock opened at $205.91 on Wednesday. The firm has a market cap of $59.70 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $165.28 and a 12-month high of $207.72. The stock’s 50 day simple moving average is $199.54 and its 200 day simple moving average is $199.08.
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.
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