Ewa LLC Sells 53,379 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Ewa LLC reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 68,318 shares of the company’s stock after selling 53,379 shares during the period. iShares MSCI USA Quality Factor ETF comprises 3.3% of Ewa LLC’s investment portfolio, making the stock its 6th largest holding. Ewa LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,569,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $25,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $30,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $32,000. Finally, First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $210.43 on Friday. The firm has a market cap of $61.01 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $170.64 and a 1 year high of $211.02. The stock has a 50-day simple moving average of $199.99 and a 200-day simple moving average of $199.61.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.