RDA Financial Network Cuts Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

RDA Financial Network trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,033 shares of the company’s stock after selling 6,167 shares during the quarter. RDA Financial Network’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,562,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after acquiring an additional 2,705,033 shares during the last quarter. Gallagher Fiduciary Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 13,080.9% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after purchasing an additional 2,463,130 shares during the period. Soundwatch Capital LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 72,284.9% in the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock worth $445,701,000 after purchasing an additional 2,434,556 shares during the last quarter. Symphony Financial Ltd. Co. lifted its stake in iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after purchasing an additional 1,681,568 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $305,974,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $196.40 on Thursday. The stock has a 50 day moving average price of $195.91 and a 200 day moving average price of $189.64. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The firm has a market capitalization of $56.95 billion, a P/E ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.