iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Kraft Davis & Associates LLC’s 9th Largest Position

Kraft Davis & Associates LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 51.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 67,561 shares of the company’s stock after buying an additional 22,818 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 3.1% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 9th largest position. Kraft Davis & Associates LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,228,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Geneva Partners LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 32.3% in the 4th quarter. Geneva Partners LLC now owns 43,988 shares of the company’s stock worth $6,472,000 after buying an additional 10,737 shares in the last quarter. Institute for Wealth Management LLC. lifted its position in iShares MSCI USA Quality Factor ETF by 1.2% during the fourth quarter. Institute for Wealth Management LLC. now owns 25,327 shares of the company’s stock valued at $3,727,000 after purchasing an additional 303 shares during the period. Davidson Trust Co. boosted its holdings in iShares MSCI USA Quality Factor ETF by 6.0% in the fourth quarter. Davidson Trust Co. now owns 3,016 shares of the company’s stock worth $444,000 after purchasing an additional 171 shares during the last quarter. Kellett Wealth Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $592,000. Finally, Fidelis Capital Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 10.4% during the 4th quarter. Fidelis Capital Partners LLC now owns 34,146 shares of the company’s stock valued at $5,024,000 after buying an additional 3,208 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded down $2.29 on Friday, reaching $154.58. The stock had a trading volume of 2,146,600 shares. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a market cap of $40.45 billion, a P/E ratio of 23.32 and a beta of 1.04. The company has a 50 day simple moving average of $160.91 and a 200 day simple moving average of $148.82.

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.