iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by IFP Advisors Inc

IFP Advisors Inc lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.4% in the 2nd quarter, Holdings Channel reports. The firm owned 51,558 shares of the company’s stock after selling 9,357 shares during the period. IFP Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,313,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Advocate Investing Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $27,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $28,000. Cornerstone Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000. Finally, Godsey & Gibb Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 69.8% in the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after purchasing an additional 67 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.8%

Shares of QUAL opened at $220.79 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $227.32. The firm’s fifty day moving average is $221.26 and its two-hundred day moving average is $211.39. The stock has a market cap of $64.02 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.