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

Farther Finance Advisors LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 136,832 shares of the company’s stock after selling 3,055 shares during the period. Farther Finance Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,409,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Bank of America Corp DE grew its stake in iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares during the period. Orgel Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after buying an additional 65,534 shares during the period. Facet Wealth Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 11.3% in the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after buying an additional 334,234 shares during the period. Focus Partners Wealth boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.2% during the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock worth $474,097,000 after buying an additional 240,881 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the 1st quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock worth $340,861,000 after buying an additional 49,616 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded up $0.23 during trading hours on Thursday, hitting $226.13. 1,300,593 shares of the company were exchanged, compared to its average volume of 1,592,316. The company has a 50 day simple moving average of $222.88 and a two-hundred day simple moving average of $214.55. The firm has a market cap of $65.57 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $185.88 and a fifty-two week high of $227.32.

Shares of iShares MSCI USA Quality Factor ETF are scheduled to split on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.