iShares MSCI USA Quality Factor ETF $QUAL Position Lessened by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 59.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,388 shares of the company’s stock after selling 13,869 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,801,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Fiduciary Alliance LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 31.0% during the 1st quarter. Fiduciary Alliance LLC now owns 4,211 shares of the company’s stock valued at $861,000 after buying an additional 996 shares during the last quarter. Chatterton & Associates Inc. grew its position in iShares MSCI USA Quality Factor ETF by 27.2% in the first quarter. Chatterton & Associates Inc. now owns 12,702 shares of the company’s stock worth $2,544,000 after acquiring an additional 2,718 shares in the last quarter. Financial Enhancement Group LLC grew its position in iShares MSCI USA Quality Factor ETF by 54.8% in the first quarter. Financial Enhancement Group LLC now owns 41,997 shares of the company’s stock worth $8,690,000 after acquiring an additional 14,873 shares in the last quarter. Cardinal Point Capital Management ULC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 185.9% during the 1st quarter. Cardinal Point Capital Management ULC now owns 5,243 shares of the company’s stock worth $1,006,000 after purchasing an additional 3,409 shares during the last quarter. Finally, Ritholtz Wealth Management increased its stake in shares of iShares MSCI USA Quality Factor ETF by 45.0% during the 1st quarter. Ritholtz Wealth Management now owns 2,505 shares of the company’s stock worth $480,000 after purchasing an additional 778 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $213.25 on Friday. The company has a 50 day moving average price of $211.85 and a two-hundred day moving average price of $204.10. The company has a market capitalization of $61.83 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $179.28 and a 52 week high of $219.82.

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