Parallel Advisors LLC Decreases Position in iShares MSCI USA Quality Factor ETF $QUAL

Parallel Advisors LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 163,901 shares of the company’s stock after selling 4,458 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 0.6% of Parallel Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Parallel Advisors LLC owned approximately 0.06% of iShares MSCI USA Quality Factor ETF worth $32,554,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. WealthBridge Capital Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares during the last quarter. Empire Life Investments Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after purchasing an additional 50 shares during the last quarter. Tompkins Financial Corp increased its stake in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after purchasing an additional 52 shares during the last quarter. Members Trust Co increased its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after purchasing an additional 57 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.5% during the 4th quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock worth $341,000 after purchasing an additional 58 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.8%

QUAL opened at $217.33 on Friday. The company has a 50 day moving average of $205.75 and a 200 day moving average of $202.05. The company has a market cap of $63.01 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $175.20 and a 12 month high of $217.65.

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.