iShares MSCI USA Quality Factor ETF $QUAL Holdings Cut by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 70,607 shares of the company’s stock after selling 9,121 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.2% of Kraft Davis & Associates LLC’s holdings, making the stock its 8th largest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Cerity Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after buying an additional 1,065,946 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after buying an additional 44,285 shares during the period. Orgel Wealth Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after acquiring an additional 44,952 shares during the last quarter. Blue Trust Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 2.9% during the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after acquiring an additional 76,969 shares during the last quarter. Finally, Facet Wealth Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 5.0% in the 3rd quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock worth $511,279,000 after acquiring an additional 125,483 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $187.30 on Monday. The stock has a fifty day moving average of $200.49 and a two-hundred day moving average of $198.00. The company has a market capitalization of $54.31 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65.

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.