iShares MSCI USA Quality Factor ETF $QUAL Stake Decreased by Parallel Advisors LLC

Parallel Advisors LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 145,994 shares of the company’s stock after selling 17,907 shares during the period. Parallel Advisors LLC owned approximately 0.05% of iShares MSCI USA Quality Factor ETF worth $28,003,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QUAL. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $27,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth $28,000. Ares Financial Consulting LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $217.87 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.65 and a fifty-two week high of $221.16. The firm’s 50-day simple moving average is $215.49 and its 200 day simple moving average is $206.23. The stock has a market cap of $63.17 billion, a P/E 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.