Creative Financial Designs Inc. ADV Cuts Stake in iShares MSCI USA Quality Factor ETF $QUAL

Creative Financial Designs Inc. ADV reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 22.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,777 shares of the company’s stock after selling 2,855 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,942,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of QUAL. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $32,000. Finally, Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $212.23 on Thursday. iShares MSCI USA Quality Factor ETF has a 1 year low of $173.00 and a 1 year high of $212.78. The firm has a fifty day moving average price of $201.42 and a 200-day moving average price of $200.49. The company has a market cap of $61.54 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.