Heritage Wealth Advisors Reduces Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Heritage Wealth Advisors lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 435 shares of the company’s stock after selling 70 shares during the period. Heritage Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $77,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Citigroup Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 67.0% in the 3rd quarter. Citigroup Inc. now owns 48,355 shares of the company’s stock valued at $8,670,000 after purchasing an additional 19,407 shares in the last quarter. Associated Banc Corp acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $202,000. Bank of Montreal Can raised its stake in iShares MSCI USA Quality Factor ETF by 20.5% during the third quarter. Bank of Montreal Can now owns 24,777 shares of the company’s stock valued at $4,427,000 after buying an additional 4,215 shares in the last quarter. Townsquare Capital LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 12.2% during the 3rd quarter. Townsquare Capital LLC now owns 141,965 shares of the company’s stock worth $25,454,000 after buying an additional 15,481 shares during the last quarter. Finally, Freedom Investment Management Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 35.1% in the 3rd quarter. Freedom Investment Management Inc. now owns 18,564 shares of the company’s stock worth $3,329,000 after acquiring an additional 4,821 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.8 %

QUAL stock opened at $173.46 on Thursday. The stock’s 50 day simple moving average is $179.82 and its 200 day simple moving average is $180.29. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26. The firm has a market cap of $49.24 billion, a P/E ratio of 26.45 and a beta of 1.04.

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.