iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by McAdam LLC

McAdam LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.4% in the 4th quarter, Holdings Channel reports. The fund owned 3,129 shares of the company’s stock after selling 365 shares during the quarter. McAdam LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of QUAL. Sutton Place Investors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.8% during the fourth quarter. Sutton Place Investors LLC now owns 14,730 shares of the company’s stock worth $2,623,000 after purchasing an additional 261 shares during the period. MA Private Wealth lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. MA Private Wealth now owns 245,996 shares of the company’s stock worth $43,807,000 after acquiring an additional 3,712 shares during the period. Avantra Family Wealth Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $1,194,000. Spire Wealth Management raised its holdings in iShares MSCI USA Quality Factor ETF by 3.1% during the fourth quarter. Spire Wealth Management now owns 66,639 shares of the company’s stock worth $11,867,000 after purchasing an additional 1,978 shares in the last quarter. Finally, Journey Strategic Wealth LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 7.6% during the 4th quarter. Journey Strategic Wealth LLC now owns 9,911 shares of the company’s stock worth $1,765,000 after buying an additional 703 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $183.34 on Monday. The firm has a market capitalization of $48.38 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company’s fifty day moving average is $182.04 and its two-hundred day moving average is $178.45.

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.