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

Diversified Enterprises LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of QUAL. Principal Financial Group Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 37.2% during the third quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after buying an additional 2,682 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.5% during the third quarter. Oppenheimer & Co. Inc. now owns 8,570 shares of the company’s stock valued at $1,537,000 after buying an additional 292 shares during the last quarter. Lifeworks Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.9% during the third quarter. Lifeworks Advisors LLC now owns 4,806 shares of the company’s stock valued at $862,000 after buying an additional 223 shares during the last quarter. Diversified Portfolios Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $204,000. Finally, Signature Estate & Investment Advisors LLC lifted its position in shares of 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 purchasing an additional 586 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $171.70 on Friday. The company’s 50-day moving average is $180.67 and its 200 day moving average is $180.38. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26. The firm has a market capitalization of $47.68 billion, a P/E ratio of 28.36 and a beta of 1.04.

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.