3EDGE Asset Management LP Sells 401,387 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

3EDGE Asset Management LP lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 56.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 315,091 shares of the company’s stock after selling 401,387 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.5% of 3EDGE Asset Management LP’s portfolio, making the stock its 11th biggest position. 3EDGE Asset Management LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $56,111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Alpha Financial Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 903.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock worth $6,934,000 after buying an additional 34,820 shares during the period. Creative Planning raised its stake in iShares MSCI USA Quality Factor ETF by 1.6% during the third quarter. Creative Planning now owns 65,886 shares of the company’s stock worth $11,813,000 after acquiring an additional 1,041 shares in the last quarter. Horst & Graben Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the third quarter. Horst & Graben Wealth Management LLC now owns 183,969 shares of the company’s stock valued at $32,986,000 after acquiring an additional 4,464 shares during the period. Raleigh Capital Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.8% in the 3rd quarter. Raleigh Capital Management Inc. now owns 10,285 shares of the company’s stock valued at $1,844,000 after purchasing an additional 186 shares in the last quarter. Finally, Monumental Financial Group Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 3rd quarter. Monumental Financial Group Inc. now owns 165,529 shares of the company’s stock worth $29,679,000 after purchasing an additional 4,626 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 5.0 %

Shares of QUAL stock opened at $185.50 on Wednesday. The company has a market capitalization of $48.95 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a 50-day moving average price of $181.78 and a 200 day moving average price of $179.56.

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.