iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 54.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,130 shares of the company’s stock after selling 2,516 shares during the quarter. Fortis Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $423,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $28,000. Decker Retirement Planning Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $32,000. First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $36,000. Finally, Phillips Financial Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.2%

Shares of BATS QUAL opened at $206.59 on Tuesday. The firm has a 50-day simple moving average of $199.03 and a 200-day simple moving average of $198.61. The stock has a market capitalization of $59.90 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $156.13 and a 52 week high of $207.44.

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.