Wallace Advisory Group LLC Trims Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wallace Advisory Group LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,242 shares of the company’s stock after selling 343 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 1.4% of Wallace Advisory Group LLC’s portfolio, making the stock its 11th biggest position. Wallace Advisory Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,016,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Fortis Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 11.7% during the fourth quarter. Fortis Advisors LLC now owns 3,652 shares of the company’s stock valued at $650,000 after buying an additional 382 shares during the period. GSG Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 11.6% during the fourth quarter. GSG Advisors LLC now owns 55,059 shares of the company’s stock valued at $9,805,000 after purchasing an additional 5,719 shares in the last quarter. Rosenberg Matthew Hamilton boosted its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock valued at $221,000 after purchasing an additional 59 shares in the last quarter. MRA Advisory Group boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the fourth quarter. MRA Advisory Group now owns 44,683 shares of the company’s stock valued at $7,957,000 after purchasing an additional 763 shares in the last quarter. Finally, PSI Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 194.0% during the fourth quarter. PSI Advisors LLC now owns 441 shares of the company’s stock valued at $79,000 after purchasing an additional 291 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

BATS QUAL opened at $176.65 on Tuesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The firm has a market capitalization of $46.62 billion, a PE ratio of 23.03 and a beta of 1.03. The stock’s 50 day moving average is $182.10 and its 200 day moving average is $177.62.

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.