iShares MSCI USA Quality Factor ETF $QUAL Stock Holdings Trimmed by Valence8 US LP

Valence8 US LP reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 337,336 shares of the company’s stock after selling 25,767 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 22.6% of Valence8 US LP’s holdings, making the stock its largest holding. Valence8 US LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $64,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $30,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.4%

BATS:QUAL opened at $216.81 on Friday. The company has a market cap of $62.86 billion, a PE 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. The company’s 50 day moving average is $216.10 and its two-hundred day moving average is $206.81.

About iShares MSCI USA Quality Factor ETF

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.