Crestwood Advisors Group LLC Trims Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Crestwood Advisors Group LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 62.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,395 shares of the company’s stock after selling 30,260 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,654,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $25,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $30,000. Decker Retirement Planning Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $32,000. Finally, First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $36,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.5%

BATS QUAL opened at $210.43 on Friday. The firm has a market cap of $61.01 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50-day moving average price of $199.99 and a 200-day moving average price of $199.61. iShares MSCI USA Quality Factor ETF has a twelve month low of $170.64 and a twelve month high of $211.02.

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