Verum Partners LLC Has $320,000 Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Verum Partners LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,173 shares of the company’s stock after selling 293 shares during the quarter. Verum Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. increased its position in iShares MSCI USA Quality Factor ETF by 145.7% during the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock worth $847,564,000 after buying an additional 4,051,296 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $337,131,000. JPMorgan Chase & Co. raised its stake in iShares MSCI USA Quality Factor ETF by 252.1% in the 1st quarter. JPMorgan Chase & Co. now owns 2,913,485 shares of the company’s stock valued at $361,461,000 after acquiring an additional 2,085,944 shares during the period. Cerity Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 419.2% in the 2nd quarter. Cerity Partners LLC now owns 2,545,817 shares of the company’s stock valued at $343,354,000 after acquiring an additional 2,055,458 shares during the period. Finally, FMR LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 6.7% during the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after purchasing an additional 923,875 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL traded up $0.75 on Wednesday, reaching $164.06. The company had a trading volume of 1,132,601 shares. The stock has a market cap of $37.10 billion, a P/E ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company’s fifty day moving average is $157.84 and its 200 day moving average is $145.64.

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.