Csenge Advisory Group Trims Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Csenge Advisory Group trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,707 shares of the company’s stock after selling 165 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.7% of Csenge Advisory Group’s holdings, making the stock its 21st biggest position. Csenge Advisory Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,591,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $25,000. Barrett & Company Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. Voisard Asset Management Group Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $27,000. Finally, Centennial Bank AR purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $185.18 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a 50 day simple moving average of $181.79 and a two-hundred day simple moving average of $179.40. The firm has a market cap of $48.87 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.