Investor s Fiduciary Advisor Network LLC Sells 6,166 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Investor s Fiduciary Advisor Network LLC lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,220 shares of the company’s stock after selling 6,166 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.2% of Investor s Fiduciary Advisor Network LLC’s investment portfolio, making the stock its 16th largest holding. Investor s Fiduciary Advisor Network LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,559,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in 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 worth $1,676,734,000 after purchasing an additional 2,357,971 shares in the last quarter. Two Sigma Investments LP lifted its position in iShares MSCI USA Quality Factor ETF by 99.7% during the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock valued at $375,735,000 after buying an additional 964,500 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 403.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after buying an additional 887,478 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $81,990,000. Finally, Orion Porfolio Solutions LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 298.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after buying an additional 406,488 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $223.46 on Friday. The firm’s 50-day moving average price is $220.94 and its 200-day moving average price is $210.98. The company has a market capitalization of $64.79 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $227.32.

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.