Private Advisor Group LLC Trims Position in iShares MSCI USA Quality Factor ETF $QUAL

Private Advisor Group LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 464,570 shares of the company’s stock after selling 72,919 shares during the period. Private Advisor Group LLC owned approximately 0.16% of iShares MSCI USA Quality Factor ETF worth $90,359,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Gallagher Fiduciary Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 13,080.9% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after acquiring an additional 2,463,130 shares during the last quarter. Soundwatch Capital LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% in the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after purchasing an additional 2,434,556 shares during the last quarter. Symphony Financial Ltd. Co. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 4,818.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock valued at $313,849,000 after purchasing an additional 1,681,568 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $305,974,000. Finally, Cerity Partners LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 39.6% during the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $198.66 on Monday. The stock has a fifty day moving average price of $202.53 and a 200 day moving average price of $197.37. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $205.65. The company has a market cap of $57.60 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.