Crestone Asset Management LLC Sells 542 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Crestone Asset Management LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,417 shares of the company’s stock after selling 542 shares during the period. Crestone Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $208,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.2% in the fourth quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock worth $24,914,000 after purchasing an additional 1,997 shares during the last quarter. Western Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.8% in the third quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock worth $4,508,000 after acquiring an additional 2,163 shares during the period. Millington Financial Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock valued at $2,863,000 after acquiring an additional 296 shares during the last quarter. Mather Group LLC. lifted its holdings in iShares MSCI USA Quality Factor ETF by 111.8% in the fourth quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock valued at $730,000 after acquiring an additional 2,618 shares during the period. Finally, Spire Wealth Management boosted its position in iShares MSCI USA Quality Factor ETF by 4.7% in the fourth quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock worth $14,110,000 after purchasing an additional 4,236 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL remained flat at $161.86 during midday trading on Wednesday. 852,550 shares of the stock traded hands. The company has a 50-day moving average price of $161.00 and a two-hundred day moving average price of $151.10. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The stock has a market capitalization of $42.71 billion, a PE ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

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.