Kestra Advisory Services LLC Cuts Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Kestra Advisory Services LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 39.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 443,371 shares of the company’s stock after selling 284,213 shares during the quarter. Kestra Advisory Services LLC owned 0.15% of iShares MSCI USA Quality Factor ETF worth $85,043,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of QUAL. MML Investors Services LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after acquiring an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after purchasing an additional 44,952 shares during the last quarter. Facet Wealth Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.9% in the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after purchasing an additional 259,414 shares during the last quarter. Focus Partners Wealth lifted its position in shares of iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after purchasing an additional 240,881 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after purchasing an additional 62,154 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $218.50 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.55 and a fifty-two week high of $220.24. The stock has a market cap of $63.35 billion, a PE ratio of 25.59 and a beta of 1.05. The firm’s 50-day simple moving average is $214.18 and its 200 day simple moving average is $205.44.

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.