iShares MSCI USA Quality Factor ETF $QUAL Stock: Latitude Advisors LLC Decreases Stake

Latitude Advisors LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,517 shares of the company’s stock after selling 2,997 shares during the quarter. Latitude Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $782,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its holdings in iShares MSCI USA Quality Factor ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. Orgel Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after acquiring an additional 65,534 shares during the period. Facet Wealth Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.3% during the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after purchasing an additional 334,234 shares during the period. Royal Bank of Canada raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock valued at $340,861,000 after buying an additional 49,616 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in iShares MSCI USA Quality Factor ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock valued at $301,918,000 after acquiring an additional 43,742 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.2%

Shares of BATS:QUAL opened at $223.18 on Wednesday. The business’s 50 day moving average is $223.28 and its 200-day moving average is $212.25. The firm has a market capitalization of $64.71 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $228.13.

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

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.