Market Street Wealth Management Advisors LLC Reduces Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Market Street Wealth Management Advisors LLC decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,436 shares of the company’s stock after selling 1,163 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,571,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Halpern Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $26,000. Barrett & Company Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $183.74 on Thursday. The firm has a 50 day moving average price of $181.67 and a 200-day moving average price of $177.94. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market capitalization of $48.49 billion, a price-to-earnings 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.