iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Position Decreased by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% in the 4th quarter, HoldingsChannel reports. The fund owned 1,223,880 shares of the company’s stock after selling 21,072 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 4.4% of Miracle Mile Advisors LLC’s holdings, making the stock its 2nd largest holding. Miracle Mile Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $217,949,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. Accelerate Investment Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 20.4% during the fourth quarter. Accelerate Investment Advisors LLC now owns 7,360 shares of the company’s stock worth $1,311,000 after purchasing an additional 1,248 shares in the last quarter. Cooper Financial Group grew its holdings in iShares MSCI USA Quality Factor ETF by 21.7% during the 4th quarter. Cooper Financial Group now owns 10,377 shares of the company’s stock valued at $1,848,000 after buying an additional 1,852 shares in the last quarter. Fragasso Financial Advisors Inc raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.9% during the fourth quarter. Fragasso Financial Advisors Inc now owns 398,770 shares of the company’s stock valued at $71,013,000 after buying an additional 7,476 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 91.0% in the fourth quarter. Capital Investment Advisors LLC now owns 22,797 shares of the company’s stock worth $4,060,000 after buying an additional 10,861 shares in the last quarter. Finally, Brookstone Capital Management boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the fourth quarter. Brookstone Capital Management now owns 157,534 shares of the company’s stock worth $28,054,000 after acquiring an additional 513 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.5 %

BATS QUAL traded down $2.64 on Monday, reaching $176.35. The company had a trading volume of 1,261,973 shares. The stock has a market capitalization of $46.54 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm’s 50 day moving average price is $182.11 and its 200 day moving average price is $177.59.

iShares MSCI USA Quality Factor ETF 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.