Choreo LLC Cuts Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Choreo LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 153,384 shares of the company’s stock after selling 7,285 shares during the period. Choreo LLC owned about 0.05% of iShares MSCI USA Quality Factor ETF worth $29,833,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $81,990,000. Bison Wealth LLC lifted its position in iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares during the last quarter. AQR Capital Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after buying an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after acquiring an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $204.80 on Friday. The company has a market capitalization of $59.38 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65. The company’s 50 day moving average price is $202.26 and its two-hundred day moving average price is $196.61.

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