Interchange Capital Partners LLC Decreases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Interchange Capital Partners LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,369 shares of the company’s stock after selling 428 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 1.3% of Interchange Capital Partners LLC’s portfolio, making the stock its 16th largest holding. Interchange Capital Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,628,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $25,000. BankPlus Trust Department purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $27,000. Rialto Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $32,000. Whittier Trust Co. raised its position in shares of iShares MSCI USA Quality Factor ETF by 63.1% during the 4th quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after buying an additional 82 shares during the period. Finally, MGB Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $171.60 on Monday. The firm has a market cap of $48.71 billion, a PE ratio of 26.45 and a beta of 1.04. The firm’s 50 day moving average price is $179.96 and its 200-day moving average price is $180.29. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26.

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.