Avalon Capital Management trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 41.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,609 shares of the company’s stock after selling 6,151 shares during the period. Avalon Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,710,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $28,000. Ares Financial Consulting LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000. Decker Retirement Planning Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $32,000. Finally, Ransom Advisory Ltd bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $39,000.
iShares MSCI USA Quality Factor ETF Trading Down 0.1%
Shares of BATS QUAL opened at $215.63 on Thursday. iShares MSCI USA Quality Factor ETF has a twelve month low of $175.20 and a twelve month high of $216.44. The company has a market capitalization of $62.52 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm has a 50-day moving average of $205.27 and a two-hundred day moving average of $201.89.
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.
Recommended Stories
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
