Cetera Investment Advisers Sells 34,290 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Cetera Investment Advisers decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% in the second quarter, HoldingsChannel reports. The fund owned 2,113,609 shares of the company’s stock after selling 34,290 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 0.7% of Cetera Investment Advisers’ portfolio, making the stock its 20th largest position. Cetera Investment Advisers’ holdings in iShares MSCI USA Quality Factor ETF were worth $386,410,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of QUAL. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $29,000. Cullen Frost Bankers Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after buying an additional 80 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. CX Institutional grew its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at about $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 10.0%

QUAL stock opened at $194.23 on Friday. The stock has a market capitalization of $56.32 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The firm has a 50 day moving average of $194.21 and a 200 day moving average of $185.99.

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.