iShares MSCI USA Quality Factor ETF (BATS:QUAL) Position Cut by Horizon Investments LLC

Horizon Investments LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 55.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,100,702 shares of the company’s stock after selling 1,358,745 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 5.6% of Horizon Investments LLC’s portfolio, making the stock its 4th biggest position. Horizon Investments LLC owned about 0.42% of iShares MSCI USA Quality Factor ETF worth $196,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of QUAL. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $25,000. BankPlus Trust Department bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $27,000. Rialto Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $32,000. MGB Wealth Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $39,000. Finally, Empowered Funds LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $173.16 on Tuesday. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26. The company has a market capitalization of $49.15 billion, a P/E ratio of 26.45 and a beta of 1.04. The company’s 50-day simple moving average is $180.55 and its two-hundred day simple moving average is $180.41.

iShares MSCI USA Quality Factor ETF Company Profile

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.