EdgeRock Capital LLC Decreases Holdings in iShares MSCI USA Quality Factor ETF $QUAL

EdgeRock Capital LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 98.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,149 shares of the company’s stock after selling 64,186 shares during the period. EdgeRock Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Avantra Family Wealth Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $1,493,000. Walkner Condon Financial Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $213,000. Coordinated Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $980,000. CGC Financial Services LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 846.1% during the 3rd quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock valued at $29,101,000 after acquiring an additional 133,804 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its position in iShares MSCI USA Quality Factor ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock valued at $11,106,000 after acquiring an additional 3,611 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 15.1%

QUAL stock opened at $203.32 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market cap of $58.95 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s fifty day simple moving average is $198.37 and its two-hundred day simple moving average is $192.78.

iShares MSCI USA Quality Factor ETF Company 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.