Ehrlich Financial Group Sells 31,257 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ehrlich Financial Group cut its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 80.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,417 shares of the company’s stock after selling 31,257 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 0.9% of Ehrlich Financial Group’s portfolio, making the stock its 28th largest holding. Ehrlich Financial Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,321,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in QUAL. Halpern Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $26,000. Barrett & Company Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Voisard Asset Management Group Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. Finally, Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded down $2.64 during midday trading on Monday, reaching $176.35. 1,261,973 shares of the stock were exchanged. The stock has a market capitalization of $46.54 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a fifty day moving average price of $182.11 and a 200 day moving average price of $177.59.

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.