Elevated Capital Advisors LLC Decreases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Elevated Capital Advisors LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,093 shares of the company’s stock after selling 11,348 shares during the quarter. Elevated Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,332,000 as of its most recent filing with the SEC.

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

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL traded down $2.64 during mid-day trading on Monday, hitting $176.35. 1,261,973 shares of the company’s stock traded hands. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a market cap of $46.54 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day simple moving average is $182.11 and its 200 day simple moving average is $177.59.

About iShares MSCI USA Quality Factor ETF

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.