FourThought Financial Partners LLC Decreases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

FourThought Financial Partners LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,964 shares of the company’s stock after selling 639 shares during the quarter. FourThought Financial Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,172,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. VisionPoint Advisory Group LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $25,000. NBC Securities Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $26,000. Signaturefd LLC boosted its stake in shares of 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 acquiring an additional 198 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $28,000. Finally, Thompson Investment Management Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $34,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL traded up $1.82 on Friday, reaching $159.19. The stock had a trading volume of 1,411,118 shares. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market cap of $42.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average is $160.94 and its two-hundred day moving average is $150.57.

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.