Cornerstone Planning Group LLC Reduces Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cornerstone Planning Group LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 36.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 629 shares of the company’s stock after selling 359 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $114,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Halpern Financial Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $26,000. Barrett & Company Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. OLD Second National Bank of Aurora bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $27,000. Finally, Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $184.07 on Wednesday. The business’s fifty day moving average is $178.73 and its 200 day moving average is $172.61. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company has a market capitalization of $48.58 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.