Diversified Enterprises LLC Sells 203 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Diversified Enterprises LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 9,107 shares of the company’s stock after selling 203 shares during the period. Diversified Enterprises LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,622,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in QUAL. Principal Financial Group Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 37.2% in the third quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after purchasing an additional 2,682 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.5% in the third quarter. Oppenheimer & Co. Inc. now owns 8,570 shares of the company’s stock valued at $1,537,000 after purchasing an additional 292 shares during the period. Lifeworks Advisors LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.9% in the third quarter. Lifeworks Advisors LLC now owns 4,806 shares of the company’s stock valued at $862,000 after purchasing an additional 223 shares during the period. Diversified Portfolios Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $204,000. Finally, Signature Estate & Investment Advisors LLC grew its stake in iShares MSCI USA Quality Factor ETF by 25.2% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,908 shares of the company’s stock valued at $521,000 after acquiring an additional 586 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 2.8 %

Shares of BATS:QUAL opened at $171.70 on Friday. iShares MSCI USA Quality Factor ETF has a 12 month low of $154.17 and a 12 month high of $187.26. The stock has a market cap of $47.68 billion, a P/E ratio of 28.36 and a beta of 1.04. The company has a 50 day moving average of $180.67 and a 200 day moving average of $180.38.

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.