CFS Investment Advisory Services LLC Has $18.27 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

CFS Investment Advisory Services LLC trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,289 shares of the company’s stock after selling 7,704 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.3% of CFS Investment Advisory Services LLC’s portfolio, making the stock its 17th biggest holding. CFS Investment Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $18,269,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Two Sigma Investments LP increased its position in iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after acquiring an additional 887,478 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of iShares MSCI USA Quality Factor ETF by 79.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after acquiring an additional 778,465 shares during the last quarter. Coldstream Capital Management Inc. increased its position in iShares MSCI USA Quality Factor ETF by 132.4% during the third quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after acquiring an additional 595,017 shares during the period. Finally, Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $81,990,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $216.92 on Thursday. The stock has a market cap of $62.90 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $181.55 and a one year high of $220.24. The company has a fifty day moving average price of $213.93 and a 200 day moving average price of $205.30.

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.