iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Midwestern Financial LLC IA

Midwestern Financial LLC IA reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 24.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,480 shares of the company’s stock after selling 2,705 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.4% of Midwestern Financial LLC IA’s investment portfolio, making the stock its 23rd biggest holding. Midwestern Financial LLC IA’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,649,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of QUAL. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $25,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $28,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $33,000. First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $36,000. Finally, Phillips Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $196.98 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $205.65. The stock has a market capitalization of $57.11 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average is $202.34 and its two-hundred day moving average is $197.77.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.