Strategic Point Investment Advisors LLC Cuts Stake in iShares MSCI USA Quality Factor ETF $QUAL

Strategic Point Investment Advisors LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 104,390 shares of the company’s stock after selling 2,787 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 2.9% of Strategic Point Investment Advisors LLC’s portfolio, making the stock its 13th biggest position. Strategic Point Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $20,023,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Two Sigma Investments LP grew its holdings in iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after purchasing an additional 887,478 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of iShares MSCI USA Quality Factor ETF by 79.0% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock worth $350,450,000 after purchasing an additional 778,465 shares during the period. Coldstream Capital Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after purchasing an additional 595,017 shares during the period. Finally, Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $219.43 on Wednesday. The company has a market cap of $63.62 billion, a PE ratio of 25.59 and a beta of 1.05. The firm’s 50 day moving average price is $212.54 and its 200-day moving average price is $204.49. iShares MSCI USA Quality Factor ETF has a 52-week low of $181.55 and a 52-week high of $220.24.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.