Intelligence Driven Advisers LLC Has $10.95 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Intelligence Driven Advisers LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,085 shares of the company’s stock after selling 9,171 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.9% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 14th largest holding. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,950,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Gateway Wealth Partners LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 217.6% during the 1st quarter. Gateway Wealth Partners LLC now owns 54,766 shares of the company’s stock worth $10,505,000 after buying an additional 37,523 shares during the last quarter. Windsor Advisory Group LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $58,000. Waverly Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 56.7% during the first quarter. Waverly Advisors LLC now owns 134,311 shares of the company’s stock worth $25,762,000 after acquiring an additional 48,585 shares in the last quarter. Wealth Alliance LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 7.2% during the first quarter. Wealth Alliance LLC now owns 62,631 shares of the company’s stock worth $12,013,000 after acquiring an additional 4,226 shares in the last quarter. Finally, GC Wealth Management RIA LLC boosted its position in iShares MSCI USA Quality Factor ETF by 2.8% during the first quarter. GC Wealth Management RIA LLC now owns 12,610 shares of the company’s stock valued at $2,419,000 after purchasing an additional 338 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $216.81 on Monday. The business has a 50 day moving average price of $216.10 and a two-hundred day moving average price of $206.85. The company has a market cap of $62.86 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.65 and a twelve month high of $221.16.

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