Elevated Capital Advisors LLC Reduces Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Elevated Capital Advisors LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,093 shares of the company’s stock after selling 11,348 shares during the period. Elevated Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,332,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 3.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after buying an additional 58 shares during the period. Procyon Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 4.7% in the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares during the period. Columbus Macro LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.3% during the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after purchasing an additional 66 shares during the last quarter. Beaumont Financial Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 3.0% during the third quarter. Beaumont Financial Advisors LLC now owns 2,301 shares of the company’s stock worth $413,000 after purchasing an additional 67 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock valued at $390,000 after purchasing an additional 67 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.5 %

Shares of QUAL stock traded down $2.64 on Monday, reaching $176.35. 1,261,973 shares of the stock were exchanged. The stock has a market cap of $46.54 billion, a P/E ratio of 23.03 and a beta of 1.03. The firm has a 50 day moving average of $182.11 and a two-hundred day moving average of $177.59. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.