iShares MSCI USA Quality Factor ETF (BATS:QUAL) Position Reduced by Leuthold Group LLC

Leuthold Group LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,272 shares of the company’s stock after selling 56 shares during the period. Leuthold Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Rosenberg Matthew Hamilton lifted its position in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the fourth 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 lifted its position 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 in the last quarter. Sheridan Capital Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock worth $2,054,000 after purchasing an additional 66 shares in the last quarter. Citizens Financial Group Inc. RI lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the third quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock worth $390,000 after purchasing an additional 67 shares in the last quarter. Finally, L & S Advisors Inc lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.2% in the third quarter. L & S Advisors Inc now owns 5,911 shares of the company’s stock worth $1,060,000 after purchasing an additional 68 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $182.67 on Friday. The company has a 50 day simple moving average of $181.78 and a 200-day simple moving average of $179.92. The firm has a market capitalization of $48.21 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.