Raab & Moskowitz Asset Management LLC Cuts Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Raab & Moskowitz Asset Management LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,770 shares of the company’s stock after selling 95 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,143,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of QUAL. VisionPoint Advisory Group LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $25,000. NBC Securities Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $26,000. Signaturefd LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 1,414.3% in the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock valued at $28,000 after acquiring an additional 198 shares in the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $28,000. Finally, Thompson Investment Management Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $34,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.3 %

Shares of QUAL opened at $159.05 on Friday. The company has a market cap of $41.62 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a 50 day moving average of $160.95 and a two-hundred day moving average of $149.80.

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.