Strategic Point Investment Advisors LLC Sells 1,033 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Strategic Point Investment Advisors LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,031 shares of the company’s stock after selling 1,033 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 3.0% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 12th biggest position. Strategic Point Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $18,348,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. FMR LLC increased its position in shares of 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 last quarter. LPL Financial LLC grew its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the period. M&T Bank Corp increased its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after buying an additional 28,147 shares during the last quarter. MML Investors Services LLC raised its position in iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after acquiring an additional 170,321 shares during the period. Finally, Cerity Partners LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 7.2% in the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after acquiring an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.5 %

Shares of QUAL stock opened at $184.64 on Thursday. The firm has a market cap of $48.73 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a 50 day moving average of $181.92 and a 200-day moving average of $178.30. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-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.