HUB Investment Partners LLC Sells 7,252 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

HUB Investment Partners LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,195 shares of the company’s stock after selling 7,252 shares during the quarter. HUB Investment Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,213,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in QUAL. Principal Financial Group Inc. lifted 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 buying an additional 2,682 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in iShares MSCI USA Quality Factor ETF by 9.5% during the 3rd quarter. Prospera Financial Services Inc now owns 27,707 shares of the company’s stock worth $4,969,000 after purchasing an additional 2,395 shares during the last quarter. Kraft Davis & Associates LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.0% during the 3rd quarter. Kraft Davis & Associates LLC now owns 78,220 shares of the company’s stock worth $13,852,000 after purchasing an additional 2,262 shares during the last quarter. Commerce Bank lifted its holdings in iShares MSCI USA Quality Factor ETF by 9.5% during the 3rd quarter. Commerce Bank now owns 3,517 shares of the company’s stock worth $631,000 after purchasing an additional 305 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 7.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 60,550 shares of the company’s stock worth $10,857,000 after purchasing an additional 4,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 2.3 %

BATS:QUAL opened at $172.51 on Thursday. The stock has a market cap of $48.97 billion, a P/E ratio of 26.45 and a beta of 1.04. The stock has a 50 day simple moving average of $180.25 and a 200 day simple moving average of $180.30. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year high of $187.26.

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.