iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Sound Financial Strategies Group LLC

Sound Financial Strategies Group LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 86.9% during the third quarter, Holdings Channel reports. The institutional investor owned 3,178 shares of the company’s stock after selling 20,991 shares during the quarter. Sound Financial Strategies Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $706,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of QUAL. Bank of America Corp DE raised its stake in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares in the last quarter. Orgel Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after acquiring an additional 65,534 shares in the last quarter. Facet Wealth Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 11.3% in the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after acquiring an additional 334,234 shares in the last quarter. Royal Bank of Canada grew its holdings in iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock worth $340,861,000 after purchasing an additional 49,616 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock worth $301,918,000 after purchasing an additional 43,742 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 2.3%

Shares of QUAL stock opened at $227.02 on Thursday. The business’s fifty day simple moving average is $223.26 and its 200-day simple moving average is $212.86. The company has a market cap of $65.82 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 $185.88 and a 12-month high of $228.13.

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.