Ackerman Capital Advisors LLC Decreases Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ackerman Capital Advisors LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,973 shares of the company’s stock after selling 63 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $25,000. Voisard Asset Management Group Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $27,000. BankPlus Trust Department purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $27,000. Finally, Centennial Bank AR purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $181.94 on Wednesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock’s fifty day moving average is $181.74 and its two-hundred day moving average is $180.25. The firm has a market capitalization of $50.52 billion, a P/E ratio of 28.36 and a beta of 1.04.

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.