iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.9% in the first quarter, HoldingsChannel.com reports. The firm owned 145,994 shares of the company’s stock after selling 17,907 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $28,003,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Two Sigma Investments LP raised its stake in shares of iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after buying an additional 887,478 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in iShares MSCI USA Quality Factor ETF by 79.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,764,425 shares of the company’s stock valued at $350,450,000 after buying an additional 778,465 shares in the last quarter. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $81,990,000. Finally, Orion Porfolio Solutions LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 298.3% during the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after acquiring an additional 406,488 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $217.87 on Monday. The company’s 50-day moving average price is $215.49 and its two-hundred day moving average price is $206.23. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.65 and a 52 week high of $221.16. The stock has a market cap of $63.17 billion, a PE ratio of 25.59 and a beta of 1.05.

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.