Kickstand Ventures LLC. Sells 16,144 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Kickstand Ventures LLC. lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 26.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 44,958 shares of the company’s stock after selling 16,144 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.8% of Kickstand Ventures LLC.’s investment portfolio, making the stock its 18th biggest position. Kickstand Ventures LLC.’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,865,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QUAL. Advocate Investing Services LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $25,000. Resources Management Corp CT ADV bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $27,000. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth $28,000. Cornerstone Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $30,000. Finally, Godsey & Gibb Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 69.8% in the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after purchasing an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.9%

iShares MSCI USA Quality Factor ETF stock opened at $223.46 on Friday. The company has a market capitalization of $64.79 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $227.32. The stock has a 50-day moving average price of $220.94 and a two-hundred day moving average price of $210.98.

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