Horizon Wealth Management LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 84.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,151 shares of the company’s stock after selling 6,074 shares during the quarter. Horizon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $221,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of QUAL. Brighton Jones LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $81,990,000. Bison Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after acquiring an additional 3,383 shares in the last quarter. AQR Capital Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after acquiring an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after acquiring an additional 62,219 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Trading Down 0.3%
BATS:QUAL opened at $218.87 on Thursday. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.55 and a twelve month high of $220.24. The company has a 50-day moving average of $212.79 and a 200-day moving average of $204.61. The firm has a market cap of $63.46 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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