ERn Financial LLC Sells 1,821 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ERn Financial LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,787 shares of the company’s stock after selling 1,821 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.7% of ERn Financial LLC’s holdings, making the stock its 14th biggest holding. ERn Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,181,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of QUAL. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $26,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. Finally, Centennial Bank AR acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.6 %

Shares of QUAL stock opened at $179.45 on Thursday. The company has a market capitalization of $47.36 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm has a fifty day moving average of $181.95 and a 200-day moving average of $177.66. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

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.