McAdam LLC Reduces Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

McAdam LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,129 shares of the company’s stock after selling 365 shares during the quarter. McAdam LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $557,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Barrett & Company Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. OLD Second National Bank of Aurora purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $29,000. Finally, MGB Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Stock Up 3.8 %

BATS:QUAL opened at $183.34 on Monday. The company has a market capitalization of $48.38 billion, a PE 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. The stock’s 50 day moving average price is $182.04 and its 200 day moving average price is $178.45.

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.