SOL Capital Management CO lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,307 shares of the company’s stock after selling 2,490 shares during the period. SOL Capital Management CO’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,785,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Keener Financial Planning LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth $29,000. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth about $33,000. First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $36,000. CX Institutional grew its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares during the period. Finally, Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $39,000.
iShares MSCI USA Quality Factor ETF Trading Up 15.2%
BATS QUAL opened at $203.40 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The stock has a 50-day moving average of $198.57 and a 200 day moving average of $192.93. The stock has a market capitalization of $58.98 billion, a price-to-earnings 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.
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