Unison Advisors LLC Cuts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Unison Advisors LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 51.4% in the second quarter, Holdings Channel reports. The firm owned 228,996 shares of the company’s stock after selling 241,767 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 4.9% of Unison Advisors LLC’s holdings, making the stock its 6th biggest position. Unison Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $39,103,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $37,000. Opal Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $41,000. City State Bank increased its position in iShares MSCI USA Quality Factor ETF by 123.7% during the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after acquiring an additional 141 shares during the period. Headlands Technologies LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $48,000. Finally, Delta Asset Management LLC TN bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $51,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.6 %

BATS QUAL traded up $1.02 during midday trading on Friday, hitting $168.26. The company had a trading volume of 700,263 shares. The firm has a fifty day simple moving average of $170.55 and a two-hundred day simple moving average of $163.91. The stock has a market cap of $44.40 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.