SCS Capital Management LLC Has $166.32 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

SCS Capital Management LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 837,390 shares of the company’s stock after selling 406,733 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.8% of SCS Capital Management LLC’s portfolio, making the stock its 14th largest position. SCS Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $166,322,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $25,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $32,000. Finally, Ransom Advisory Ltd acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $215.49 on Monday. The company has a market capitalization of $62.48 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $216.44. The company’s 50 day moving average price is $203.92 and its 200-day moving average price is $201.47.

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.