iShares MSCI USA Quality Factor ETF $QUAL Position Lessened by Kestra Investment Management LLC

Kestra Investment Management LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 818,786 shares of the company’s stock after selling 62,160 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 4.0% of Kestra Investment Management LLC’s investment portfolio, making the stock its 6th biggest holding. Kestra Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $162,627,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $214.38 on Tuesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $173.00 and a twelve month high of $215.03. The firm has a market capitalization of $62.16 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average is $202.33 and its 200 day moving average is $200.87.

iShares MSCI USA Quality Factor ETF 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.