Adero Partners LLC Has $3.93 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Adero Partners LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,087 shares of the company’s stock after selling 1,971 shares during the period. Adero Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,933,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Signaturefd LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after purchasing an additional 227 shares during the period. CreativeOne Wealth LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 43.4% in the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after acquiring an additional 76,472 shares during the period. Midwest Heritage Bank FSB grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% in the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after acquiring an additional 199 shares during the last quarter. Quotient Wealth Partners LLC increased its position in iShares MSCI USA Quality Factor ETF by 2.3% during the third quarter. Quotient Wealth Partners LLC now owns 8,866 shares of the company’s stock worth $1,590,000 after acquiring an additional 200 shares during the period. Finally, Armstrong Advisory Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 28.3% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock valued at $120,000 after purchasing an additional 148 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $184.10 on Thursday. The company has a market cap of $48.58 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a fifty day moving average price of $181.99 and a two-hundred day moving average price of $178.65. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

iShares MSCI USA Quality Factor ETF 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.