Crewe Advisors LLC Reduces Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Crewe Advisors LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 58.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,310 shares of the company’s stock after selling 1,840 shares during the period. Crewe Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bedel Financial Consulting Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the 4th quarter. Bedel Financial Consulting Inc. now owns 20,451 shares of the company’s stock worth $3,009,000 after purchasing an additional 65 shares during the last quarter. Integrated Advisors Network LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the 4th quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock worth $1,110,000 after purchasing an additional 66 shares during the last quarter. NBC Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 27.2% in the 1st quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after purchasing an additional 66 shares during the last quarter. Carolinas Wealth Consulting LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 2,371 shares of the company’s stock worth $349,000 after purchasing an additional 67 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 1,981 shares of the company’s stock worth $326,000 after purchasing an additional 68 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.8 %

Shares of QUAL traded down $1.27 during midday trading on Thursday, hitting $167.20. The company had a trading volume of 1,081,008 shares. The company’s 50 day moving average price is $170.20 and its 200 day moving average price is $162.36. The stock has a market cap of $44.12 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

iShares MSCI USA Quality Factor ETF Company 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.