Crescent Grove Advisors LLC Cuts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Crescent Grove Advisors LLC decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% in the third quarter, Holdings Channel reports. The institutional investor owned 24,519 shares of the company’s stock after selling 578 shares during the quarter. Crescent Grove Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,396,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in QUAL. Signaturefd LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares in the last quarter. Provident Investment Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 5.8% in the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after acquiring an additional 614 shares during the last quarter. Annandale Capital LLC lifted its position in iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after acquiring an additional 363 shares in the last quarter. Calamos Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 26.8% during the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after purchasing an additional 365 shares during the last quarter. Finally, Crestwood Advisors Group LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 103.2% in the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after purchasing an additional 11,711 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $178.69 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock’s fifty day moving average price is $178.19 and its 200-day moving average price is $171.86. The company has a market cap of $47.16 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.