iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Wharton Business Group LLC’s Largest Position

Wharton Business Group LLC lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,254,494 shares of the company’s stock after selling 12,974 shares during the period. iShares MSCI USA Quality Factor ETF makes up 10.1% of Wharton Business Group LLC’s portfolio, making the stock its biggest position. Wharton Business Group LLC owned about 0.48% of iShares MSCI USA Quality Factor ETF worth $223,400,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Rosenberg Matthew Hamilton lifted 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 worth $221,000 after purchasing an additional 59 shares in the last quarter. Bristlecone Advisors LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock worth $3,065,000 after acquiring an additional 59 shares in the last quarter. Sheridan Capital Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the fourth quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock worth $2,054,000 after acquiring an additional 66 shares in the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the third quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock worth $390,000 after acquiring an additional 67 shares in the last quarter. Finally, L & S Advisors Inc raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.2% during the third quarter. L & S Advisors Inc now owns 5,911 shares of the company’s stock worth $1,060,000 after acquiring an additional 68 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $182.67 on Monday. The firm has a market cap of $48.21 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $181.78 and its 200 day moving average price is $180.14. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month 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.