Intelligence Driven Advisers LLC Has $28.09 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Intelligence Driven Advisers LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 186,616 shares of the company’s stock after selling 145,655 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 4.5% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 8th largest position. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $28,086,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pasadena Private Wealth LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.8% during the 4th quarter. Pasadena Private Wealth LLC now owns 4,443 shares of the company’s stock valued at $654,000 after purchasing an additional 77 shares during the period. Annandale Capital LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the 3rd quarter. Annandale Capital LLC now owns 26,866 shares of the company’s stock valued at $3,541,000 after purchasing an additional 78 shares during the period. Keystone Wealth Services LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Keystone Wealth Services LLC now owns 28,894 shares of the company’s stock valued at $4,251,000 after purchasing an additional 92 shares during the period. Ferguson Wellman Capital Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 3.3% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 3,036 shares of the company’s stock valued at $447,000 after purchasing an additional 97 shares during the period. Finally, Parsons Capital Management Inc. RI raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.8% during the 4th quarter. Parsons Capital Management Inc. RI now owns 5,726 shares of the company’s stock valued at $843,000 after purchasing an additional 100 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.5 %

Shares of BATS:QUAL traded down $0.77 during midday trading on Thursday, reaching $156.19. 1,627,036 shares of the company traded hands. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm has a market capitalization of $41.22 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average price is $161.01 and its two-hundred day moving average price is $150.26.

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.