iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Detalus Advisors LLC

Detalus Advisors LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,039 shares of the company’s stock after selling 3,768 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.5% of Detalus Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Detalus Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,565,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwest Financial Advisors grew its stake in iShares MSCI USA Quality Factor ETF by 3.8% in the first quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after purchasing an additional 53 shares in the last quarter. Sherman Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 0.3% during the 2nd quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock valued at $4,548,000 after purchasing an additional 53 shares in the last quarter. Signature Equity Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 12.6% during the 1st quarter. Signature Equity Partners LLC now owns 490 shares of the company’s stock valued at $94,000 after purchasing an additional 55 shares in the last quarter. Talisman Wealth Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 0.5% during the 4th quarter. Talisman Wealth Advisors LLC now owns 10,916 shares of the company’s stock valued at $2,171,000 after purchasing an additional 57 shares in the last quarter. Finally, Asset Allocation Strategies LLC raised its position in iShares MSCI USA Quality Factor ETF by 2.2% during the 2nd quarter. Asset Allocation Strategies LLC now owns 2,599 shares of the company’s stock valued at $570,000 after purchasing an additional 57 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.3%

Shares of QUAL stock opened at $226.72 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $228.13. The stock has a market capitalization of $65.74 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a fifty day simple moving average of $223.40 and a two-hundred day simple moving average of $216.03.

iShares MSCI USA Quality Factor ETF shares are set to split on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

About iShares MSCI USA Quality Factor ETF

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.