Eldridge Investment Advisors Inc. Decreases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Eldridge Investment Advisors Inc. trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 20.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,182 shares of the company’s stock after selling 11,494 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.8% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 14th biggest holding. Eldridge Investment Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,868,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in QUAL. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $331,412,000. FMR LLC increased its position in iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the period. Strategic Financial Concepts LLC increased its position in iShares MSCI USA Quality Factor ETF by 18,801.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after purchasing an additional 519,868 shares during the period. Finally, Heck Capital Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $81,990,000.

iShares MSCI USA Quality Factor ETF Trading Down 2.8 %

Shares of iShares MSCI USA Quality Factor ETF stock opened at $171.70 on Friday. The company’s fifty day simple moving average is $180.67 and its two-hundred day simple moving average is $180.40. The company has a market cap of $48.74 billion, a P/E ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12-month low of $154.17 and a 12-month high of $187.26.

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.