Verdence Capital Advisors LLC Reduces Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Verdence Capital Advisors LLC reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,662 shares of the company’s stock after selling 2,514 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $539,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. VisionPoint Advisory Group LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $25,000. NBC Securities Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $26,000. Signaturefd LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 1,414.3% during the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock valued at $28,000 after purchasing an additional 198 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $28,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $34,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $155.87 on Tuesday. The company has a market capitalization of $40.78 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. The company’s fifty day moving average price is $160.88 and its 200-day moving average price is $149.24. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63.

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.