iShares MSCI USA Quality Factor ETF $QUAL is Park Avenue Securities LLC’s 8th Largest Position

Park Avenue Securities LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 45.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,085,153 shares of the company’s stock after selling 898,596 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.8% of Park Avenue Securities LLC’s investment portfolio, making the stock its 8th largest position. Park Avenue Securities LLC owned about 0.37% of iShares MSCI USA Quality Factor ETF worth $215,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Aspen Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock worth $45,461,000 after purchasing an additional 5,878 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.5% during the 4th quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock valued at $341,000 after purchasing an additional 58 shares during the last quarter. Global Wealth Strategies & Associates grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.1% during the fourth quarter. Global Wealth Strategies & Associates now owns 75,729 shares of the company’s stock valued at $15,041,000 after purchasing an additional 2,243 shares in the last quarter. Cape Investment Advisory Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 11.9% during the third quarter. Cape Investment Advisory Inc. now owns 2,816 shares of the company’s stock valued at $548,000 after purchasing an additional 299 shares in the last quarter. Finally, Keel Point LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 37.0% in the third quarter. Keel Point LLC now owns 13,818 shares of the company’s stock worth $2,688,000 after purchasing an additional 3,732 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

BATS:QUAL opened at $194.21 on Friday. The business’s 50-day moving average is $201.90 and its 200 day moving average is $197.77. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $205.65. The company has a market capitalization of $56.31 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.