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

Crescent Grove Advisors LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,633 shares of the company’s stock after selling 1,389 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,743,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in QUAL. Bank of Montreal Can lifted its position in shares of iShares MSCI USA Quality Factor ETF by 16.3% in the first quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock worth $2,064,000 after buying an additional 2,119 shares in the last quarter. Blair William & Co. IL raised its position in iShares MSCI USA Quality Factor ETF by 143.9% during the first quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock valued at $1,458,000 after purchasing an additional 6,389 shares during the period. Mather Group LLC. purchased a new stake in iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $397,000. Prudential Financial Inc. raised its position in iShares MSCI USA Quality Factor ETF by 8.4% during the first quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock valued at $6,634,000 after purchasing an additional 3,812 shares during the period. Finally, AJ Wealth Strategies LLC raised its position in iShares MSCI USA Quality Factor ETF by 4.2% during the first quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock valued at $62,686,000 after purchasing an additional 18,557 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.2 %

Shares of BATS QUAL traded down $1.94 during midday trading on Monday, hitting $158.21. The company’s stock had a trading volume of 1,304,089 shares. The business’s 50 day moving average is $160.80 and its two-hundred day moving average is $148.17. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a market cap of $41.40 billion, a P/E ratio of 23.32 and a beta of 1.04.

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.