ERn Financial LLC Sells 1,821 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ERn Financial LLC cut its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 62,787 shares of the company’s stock after selling 1,821 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.7% of ERn Financial LLC’s investment portfolio, making the stock its 14th largest position. ERn Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,181,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 3.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after acquiring an additional 58 shares during the period. Rosenberg Matthew Hamilton grew 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 valued at $221,000 after purchasing an additional 59 shares during the last quarter. Procyon Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% in the third quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares during the last quarter. Columbus Macro LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after purchasing an additional 66 shares during the period. Finally, Beaumont Financial Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.0% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 2,301 shares of the company’s stock worth $413,000 after purchasing an additional 67 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $179.45 on Thursday. The firm has a market cap of $47.36 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock’s fifty day moving average price is $181.95 and its two-hundred day moving average price is $177.66. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year 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.