Kestra Advisory Services LLC lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 39.1% in the first quarter, Holdings Channel reports. The firm owned 443,371 shares of the company’s stock after selling 284,213 shares during the period. Kestra Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $85,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently made changes to their positions in the business. Advocate Investing Services LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $25,000. Resources Management Corp CT ADV bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $27,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of QUAL stock opened at $218.50 on Friday. The firm has a market cap of $63.35 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 $181.55 and a 52 week high of $220.24. The firm’s 50-day simple moving average is $214.18 and its two-hundred day simple moving average is $205.44.
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.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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