Harbour Investments Inc. Cuts Position in iShares MSCI USA Quality Factor ETF $QUAL

Harbour Investments Inc. lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 20.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 27,330 shares of the company’s stock after selling 7,095 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. Two Sigma Investments LP grew its holdings in iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after purchasing an additional 964,500 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after buying an additional 778,465 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 132.4% in the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after buying an additional 595,017 shares in the last quarter. Heck Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $81,990,000. Finally, Orion Porfolio Solutions LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 298.3% in the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after buying an additional 406,488 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $215.79 on Wednesday. The firm’s 50 day moving average price is $202.75 and its 200-day moving average price is $201.02. The company has a market cap of $62.57 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $216.22.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.