Intelligence Driven Advisers LLC Lowers Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Intelligence Driven Advisers LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 97,525 shares of the company’s stock after selling 54,065 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 3.3% of Intelligence Driven Advisers LLC’s holdings, making the stock its 11th biggest holding. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,367,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of QUAL. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $25,000. Barrett & Company Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $27,000. Finally, Centennial Bank AR acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.1 %

Shares of QUAL stock opened at $183.84 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The business’s fifty day simple moving average is $181.87 and its 200-day simple moving average is $179.14. The company has a market cap of $48.52 billion, a PE ratio of 23.03 and a beta of 1.03.

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.