Valmark Advisers Inc. lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 27.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,972 shares of the company’s stock after selling 3,391 shares during the period. Valmark Advisers Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,609,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Halpern Financial Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $26,000. Barrett & Company Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $27,000. Unique Wealth Strategies LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $37,000. Opal Wealth Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $41,000. Finally, Headlands Technologies LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at $48,000.
iShares MSCI USA Quality Factor ETF Trading Up 0.3 %
Shares of BATS QUAL opened at $180.55 on Wednesday. The firm has a fifty day simple moving average of $178.02 and a two-hundred day simple moving average of $170.98. 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 $47.65 billion, a PE ratio of 23.03 and a beta of 1.03.
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.
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