Schoolcraft Capital LLC Has $62.13 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Schoolcraft Capital LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 378,010 shares of the company’s stock after selling 2,591 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 14.6% of Schoolcraft Capital LLC’s investment portfolio, making the stock its largest position. Schoolcraft Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $62,126,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. VisionPoint Advisory Group LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $28,000. Thompson Investment Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $34,000. City State Bank lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after buying an additional 141 shares in the last quarter. Finally, Delta Asset Management LLC TN bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $51,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.5 %

Shares of BATS QUAL traded up $0.78 during midday trading on Wednesday, hitting $172.21. The stock had a trading volume of 692,802 shares. The business’s 50 day moving average is $164.65 and its 200-day moving average is $158.56. The company has a market cap of $45.45 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

About iShares MSCI USA Quality Factor ETF

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.