iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Cut by Financial Services Advisory Inc

Financial Services Advisory Inc cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,382 shares of the company’s stock after selling 342 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.1% of Financial Services Advisory Inc’s investment portfolio, making the stock its 21st largest holding. Financial Services Advisory Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,372,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares MSCI USA Quality Factor ETF by 141.3% during the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after purchasing an additional 982,323 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after buying an additional 863,219 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after buying an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 738.8% in the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock valued at $133,047,000 after buying an additional 686,255 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $182.15 on Thursday. The firm has a market cap of $48.07 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $178.31 and its 200 day moving average price is $171.93. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63.

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.