Grimes & Company Inc. Decreases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Grimes & Company Inc. lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,553 shares of the company’s stock after selling 59 shares during the period. Grimes & Company Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $277,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in QUAL. GAMMA Investing LLC grew its position in iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after acquiring an additional 58 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake 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 valued at $221,000 after purchasing an additional 59 shares during the period. Procyon Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 4.7% during the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares in the last quarter. Columbus Macro LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after buying an additional 66 shares during the period. Finally, Beaumont Financial Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 3.0% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 2,301 shares of the company’s stock worth $413,000 after buying an additional 67 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $184.10 on Monday. The firm has a 50-day moving average of $181.80 and a two-hundred day moving average of $178.16. The stock has a market cap of $48.58 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year 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.