iShares MSCI USA Quality Factor ETF $QUAL is Kraft Davis & Associates LLC’s 8th Largest Position

Kraft Davis & Associates LLC lowered its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,607 shares of the company’s stock after selling 9,121 shares during the period. iShares MSCI USA Quality Factor ETF comprises 3.2% of Kraft Davis & Associates LLC’s portfolio, making the stock its 8th largest holding. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,367,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $25,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $28,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $36,000. Finally, Ransom Advisory Ltd acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $187.30 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65. The company has a market capitalization of $54.31 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a fifty day moving average of $200.49 and a two-hundred day moving average of $198.00.

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.