Kestra Investment Management LLC Trims Position in iShares MSCI USA Quality Factor ETF $QUAL

Kestra Investment Management LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 818,786 shares of the company’s stock after selling 62,160 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 4.0% of Kestra Investment Management LLC’s investment portfolio, making the stock its 6th largest position. Kestra Investment Management LLC owned approximately 0.28% of iShares MSCI USA Quality Factor ETF worth $162,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $25,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Finally, Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $214.38 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $173.00 and a 52-week high of $215.03. The stock has a market capitalization of $62.16 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average price is $202.33 and its 200-day moving average price is $200.87.

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.