iShares MSCI USA Quality Factor ETF $QUAL Stake Trimmed by Mcmorgan & Co. LLC

Mcmorgan & Co. LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,774 shares of the company’s stock after selling 2,996 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 3.6% of Mcmorgan & Co. LLC’s investment portfolio, making the stock its 9th biggest position. Mcmorgan & Co. LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,399,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of QUAL. Advocate Investing Services LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $27,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $219.80 on Thursday. The firm has a market capitalization of $63.73 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average of $215.12 and a 200 day moving average of $205.97. iShares MSCI USA Quality Factor ETF has a 1-year low of $181.55 and a 1-year high of $220.24.

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