38,916 iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,524 shares of the company’s stock after selling 38,916 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QUAL. Bank of America Corp DE raised its position in shares of iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after purchasing an additional 2,357,971 shares during the period. Facet Wealth Inc. boosted 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 buying an additional 334,234 shares during the period. Fifth Third Bancorp boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 669.4% during the 1st quarter. Fifth Third Bancorp now owns 138,005 shares of the company’s stock worth $26,471,000 after buying an additional 120,069 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $18,583,000. Finally, State of Michigan Retirement System grew its stake in iShares MSCI USA Quality Factor ETF by 32.4% in the 1st quarter. State of Michigan Retirement System now owns 324,549 shares of the company’s stock valued at $62,252,000 after buying an additional 79,500 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.3%

iShares MSCI USA Quality Factor ETF stock opened at $227.02 on Thursday. The stock has a market cap of $65.82 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $228.13. The company’s 50-day moving average price is $223.26 and its two-hundred day moving average price is $212.86.

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.