Princeton Global Asset Management LLC Reduces Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Princeton Global Asset Management LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 985 shares of the company’s stock after selling 311 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $175,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Barrett & Company Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Voisard Asset Management Group Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. Centennial Bank AR purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $29,000. Finally, MGB Wealth 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 Price Performance

BATS:QUAL opened at $182.45 on Tuesday. The company has a market cap of $48.15 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock’s fifty day moving average price is $182.04 and its two-hundred day moving average price is $178.49. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year 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.