Redwood Investment Management LLC Has $2.47 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Redwood Investment Management LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,868 shares of the company’s stock after selling 9,267 shares during the quarter. Redwood Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,468,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in QUAL. Advocate Investing Services LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $28,000. Ares Financial Consulting LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $219.32 on Monday. iShares MSCI USA Quality Factor ETF has a 12-month low of $181.65 and a 12-month high of $221.16. The company has a market cap of $63.59 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a 50 day moving average of $216.70 and a two-hundred day moving average of $207.37.

iShares MSCI USA Quality Factor ETF Company 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.