iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,461 shares of the company’s stock after selling 2,275 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 0.9% of Financial Advocates Investment Management’s investment portfolio, making the stock its 17th largest holding. Financial Advocates Investment Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in QUAL. Signaturefd LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after purchasing an additional 227 shares during the last quarter. CreativeOne Wealth LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 43.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after acquiring an additional 76,472 shares during the last quarter. Midwest Heritage Bank FSB raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after purchasing an additional 199 shares during the period. Quotient Wealth Partners LLC raised its stake in iShares MSCI USA Quality Factor ETF by 2.3% during the third quarter. Quotient Wealth Partners LLC now owns 8,866 shares of the company’s stock worth $1,590,000 after acquiring an additional 200 shares during the period. Finally, Armstrong Advisory Group Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 28.3% in the third quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock worth $120,000 after acquiring an additional 148 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.2 %

Shares of QUAL stock opened at $184.10 on Thursday. The business has a 50 day moving average of $181.99 and a two-hundred day moving average of $178.65. The company has a market cap of $48.58 billion, a P/E 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.

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.