iShares MSCI USA Quality Factor ETF $QUAL Stock Sold by Latitude Advisors LLC

Latitude Advisors LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,517 shares of the company’s stock after selling 2,997 shares during the quarter. Latitude Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $782,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after purchasing an additional 2,357,971 shares during the last quarter. Orgel Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after purchasing an additional 65,534 shares during the period. Facet Wealth Inc. raised its position in iShares MSCI USA Quality Factor ETF by 11.3% in the 2nd 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 last quarter. Royal Bank of Canada boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.9% during the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock worth $340,861,000 after purchasing an additional 49,616 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock worth $301,918,000 after buying an additional 43,742 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.2%

Shares of QUAL opened at $223.18 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $228.13. The company has a market cap of $64.71 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s fifty day simple moving average is $223.28 and its 200 day simple moving average is $212.25.

iShares MSCI USA Quality Factor ETF’s stock is scheduled to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares MSCI USA Quality Factor ETF 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.