Red Tortoise LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Red Tortoise LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 25,564 shares of the company’s stock after selling 14,183 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.3% of Red Tortoise LLC’s portfolio, making the stock its 13th largest position. Red Tortoise LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,674,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $81,990,000. Bison Wealth LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares in the last quarter. Procyon Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 31.2% in the first quarter. Procyon Advisors LLC now owns 4,547 shares of the company’s stock valued at $777,000 after purchasing an additional 1,081 shares during the last quarter. Finally, ONE Advisory Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 17.6% during the 1st quarter. ONE Advisory Partners LLC now owns 101,206 shares of the company’s stock worth $17,295,000 after purchasing an additional 15,172 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 11.2%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $196.47 on Monday. The firm has a market cap of $56.97 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The business’s fifty day moving average is $189.31 and its two-hundred day moving average is $179.69.

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.