Beacon Capital Management LLC Cuts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Beacon Capital Management LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 19.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 616 shares of the company’s stock after selling 149 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $110,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rosenberg Matthew Hamilton lifted its stake in iShares MSCI USA Quality Factor ETF by 5.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after purchasing an additional 59 shares in the last quarter. Bristlecone Advisors LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the fourth quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after purchasing an additional 59 shares during the last quarter. Columbus Macro LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after buying an additional 66 shares in the last quarter. Sheridan Capital Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after buying an additional 66 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its holdings in iShares MSCI USA Quality Factor ETF by 3.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock valued at $390,000 after buying an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $185.18 on Friday. The stock has a market capitalization of $48.87 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The business’s 50 day simple moving average is $181.79 and its 200-day simple moving average is $179.40.

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.