Sequoia Financial Advisors LLC Has $23.51 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Sequoia Financial Advisors LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 23.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 128,585 shares of the company’s stock after selling 39,369 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,508,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. MGO One Seven LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 458.9% in the second quarter. MGO One Seven LLC now owns 43,828 shares of the company’s stock valued at $8,013,000 after acquiring an additional 35,986 shares during the last quarter. ONE Advisory Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.8% during the 2nd quarter. ONE Advisory Partners LLC now owns 108,127 shares of the company’s stock valued at $20,139,000 after acquiring an additional 6,921 shares during the last quarter. Almanack Investment Partners LLC. raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.2% during the 2nd quarter. Almanack Investment Partners LLC. now owns 13,010 shares of the company’s stock valued at $2,378,000 after acquiring an additional 278 shares during the last quarter. Clarendon Private LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 15.7% during the 2nd quarter. Clarendon Private LLC now owns 10,527 shares of the company’s stock valued at $1,924,000 after acquiring an additional 1,430 shares during the last quarter. Finally, GW Henssler & Associates Ltd. raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.4% during the 2nd quarter. GW Henssler & Associates Ltd. now owns 116,006 shares of the company’s stock valued at $21,208,000 after acquiring an additional 7,002 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $190.99 on Monday. The firm has a fifty day moving average of $190.33 and a two-hundred day moving average of $180.45. The stock has a market capitalization of $55.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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.