Regal Investment Advisors LLC Sells 23,198 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Regal Investment Advisors LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.2% during the 3rd quarter, Holdings Channel reports. The firm owned 72,509 shares of the company’s stock after selling 23,198 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 0.9% of Regal Investment Advisors LLC’s portfolio, making the stock its 18th biggest holding. Regal Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,103,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Gallagher Fiduciary Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 13,080.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after buying an additional 2,463,130 shares during the last quarter. Soundwatch Capital LLC lifted its position in shares of 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 valued at $445,701,000 after buying an additional 2,434,556 shares during the last quarter. Symphony Financial Ltd. Co. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4,818.8% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after acquiring an additional 1,681,568 shares during the period. Charles Schwab Investment Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $305,974,000. Finally, Cerity Partners LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 39.6% during the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after acquiring an additional 1,065,946 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.5%

QUAL stock opened at $195.15 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $205.65. The business’s 50 day simple moving average is $202.43 and its 200 day simple moving average is $197.60. The firm has a market capitalization of $56.58 billion, a PE 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.