iShares MSCI USA Quality Factor ETF $QUAL Stock Holdings Lessened by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 508,907 shares of the company’s stock after selling 80,626 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $101,079,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $25,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000. Decker Retirement Planning Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $32,000. Finally, First Horizon Corp acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $210.45 on Friday. The stock’s 50 day moving average price is $200.79 and its 200 day moving average price is $200.21. iShares MSCI USA Quality Factor ETF has a 52 week low of $173.00 and a 52 week high of $212.78. The company has a market capitalization of $61.02 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.