iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 20.8% in the 3rd quarter, Holdings Channel reports. The fund owned 74,980 shares of the company’s stock after selling 19,661 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 2.0% of Intelligence Driven Advisers LLC’s holdings, making the stock its 15th largest holding. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,584,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $25,000. CoreFirst Bank & Trust purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $33,000. First Horizon Corp purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $36,000. Phillips Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $39,000. Finally, Legacy Investment Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.7%

Shares of QUAL opened at $204.39 on Monday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $205.48. The company has a market capitalization of $59.26 billion, a PE ratio of 25.59 and a beta of 1.05. The stock has a fifty day simple moving average of $201.78 and a two-hundred day simple moving average of $196.24.

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.