Van Hulzen Asset Management LLC Sells 469 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Van Hulzen Asset Management LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 131,173 shares of the company’s stock after selling 469 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 1.5% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 17th largest holding. Van Hulzen Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QUAL. Aveo Capital Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 93.9% during the fourth quarter. Aveo Capital Partners LLC now owns 4,785 shares of the company’s stock worth $704,000 after purchasing an additional 2,317 shares during the period. 9258 Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the fourth quarter. 9258 Wealth Management LLC now owns 12,033 shares of the company’s stock worth $1,771,000 after purchasing an additional 289 shares during the period. Rollins Financial raised its position in shares of iShares MSCI USA Quality Factor ETF by 26.3% during the fourth quarter. Rollins Financial now owns 22,116 shares of the company’s stock worth $3,254,000 after purchasing an additional 4,612 shares during the period. Gryphon Financial Partners LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $906,000. Finally, Cary Street Partners Investment Advisory LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 111.3% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,681 shares of the company’s stock worth $394,000 after purchasing an additional 1,412 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $172.56 on Tuesday. The firm has a market cap of $45.54 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s 50-day moving average is $172.34 and its 200-day moving average is $166.88. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.