Van Hulzen Asset Management LLC Lowers Stake in iShares MSCI USA Quality Factor ETF $QUAL

Van Hulzen Asset Management LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 92,649 shares of the company’s stock after selling 9,942 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.4% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 21st biggest position. Van Hulzen Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $20,330,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $25,000. Resources Management Corp CT ADV acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $28,000. Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $30,000. Finally, Godsey & Gibb Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 69.8% in the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after acquiring an additional 67 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $219.56 on Thursday. The firm has a fifty day moving average of $221.27 and a 200-day moving average of $211.51. The company has a market cap of $63.66 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year high of $227.32.

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.