Eq LLC Sells 17,234 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Eq LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,952 shares of the company’s stock after selling 17,234 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 4.2% of Eq LLC’s holdings, making the stock its 8th biggest position. Eq LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,895,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. grew its position in iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock valued at $3,009,000 after buying an additional 65 shares during the period. Integrated Advisors Network LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.9% during the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock worth $1,110,000 after purchasing an additional 66 shares in the last quarter. NBC Securities Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 27.2% during the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after purchasing an additional 66 shares in the last quarter. Carolinas Wealth Consulting LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock worth $349,000 after purchasing an additional 67 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the first quarter. Elevate Wealth Advisory Inc. now owns 1,981 shares of the company’s stock worth $326,000 after purchasing an additional 68 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded up $1.27 on Friday, reaching $174.32. 784,827 shares of the company were exchanged. The company has a market cap of $46.00 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business has a 50-day moving average price of $168.61 and a 200 day moving average price of $160.75. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.