Bell Investment Advisors Inc Sells 1,514 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bell Investment Advisors Inc trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,013 shares of the company’s stock after selling 1,514 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 2.6% of Bell Investment Advisors Inc’s portfolio, making the stock its 11th largest position. Bell Investment Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,988,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in QUAL. Halpern Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $26,000. Barrett & Company Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $27,000. Finally, Centennial Bank AR acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL traded up $0.80 during trading hours on Wednesday, reaching $184.55. 865,035 shares of the company’s stock were exchanged. The company has a market capitalization of $48.70 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company’s 50-day moving average is $180.44 and its two-hundred day moving average is $174.34. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year 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.