iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Lowered by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% during the 4th quarter, HoldingsChannel reports. The firm owned 475,731 shares of the company’s stock after selling 10,638 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.2% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 23rd largest position. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $84,718,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $25,000. BankPlus Trust Department acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $27,000. Rialto Wealth Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $32,000. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Finally, Whittier Trust Co. raised its holdings in iShares MSCI USA Quality Factor ETF by 63.1% during the fourth quarter. Whittier Trust Co. now owns 212 shares of the company’s stock worth $38,000 after purchasing an additional 82 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $169.57 on Friday. The business has a 50 day moving average price of $179.47 and a two-hundred day moving average price of $180.22. The company has a market capitalization of $48.13 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26.

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.