Blue Edge Capital LLC Decreases Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Blue Edge Capital LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 49,744 shares of the company’s stock after selling 3,253 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.4% of Blue Edge Capital LLC’s investment portfolio, making the stock its 20th largest position. Blue Edge Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. Brighton Jones LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the 4th 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 acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $81,990,000. Bison Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after acquiring an additional 3,383 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after acquiring an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in iShares MSCI USA Quality Factor ETF by 88.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.9%

Shares of QUAL stock opened at $201.68 on Friday. The company has a market capitalization of $58.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm has a 50-day moving average price of $202.58 and a 200 day moving average price of $197.16. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65.

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.