Thrivent Financial for Lutherans Lowers Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Thrivent Financial for Lutherans lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 28.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 722,969 shares of the company’s stock after selling 281,604 shares during the period. Thrivent Financial for Lutherans owned approximately 0.27% of iShares MSCI USA Quality Factor ETF worth $129,636,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of QUAL. Halpern Financial Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $26,000. Barrett & Company Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Finally, Centennial Bank AR acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $29,000.

iShares MSCI USA Quality Factor ETF Stock Down 1.6 %

Shares of QUAL opened at $179.56 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a 50-day simple moving average of $179.50 and a 200-day simple moving average of $173.18. The company has a market capitalization of $47.39 billion, a PE ratio of 23.03 and a beta of 1.03.

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.