Clearwater Capital Advisors LLC Sells 176 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Clearwater Capital Advisors LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,620 shares of the company’s stock after selling 176 shares during the period. Clearwater Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $386,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of QUAL. Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 235,580 shares of the company’s stock worth $34,663,000 after purchasing an additional 6,054 shares during the last quarter. Bogart Wealth LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 58.5% during the fourth quarter. Bogart Wealth LLC now owns 616,236 shares of the company’s stock valued at $90,673,000 after acquiring an additional 227,358 shares in the last quarter. Performa Ltd US LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 3.5% in the fourth quarter. Performa Ltd US LLC now owns 44,649 shares of the company’s stock worth $6,570,000 after acquiring an additional 1,506 shares during the period. Hyman Charles D bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $213,000. Finally, Gryphon Financial Partners LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $906,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL remained flat at $161.86 during trading on Thursday. 852,555 shares of the company’s stock traded hands. The stock has a 50 day simple moving average of $161.04 and a two-hundred day simple moving average of $151.17. The firm has a market capitalization of $42.71 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.