Vestmark Advisory Solutions Inc. Sells 155,855 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Vestmark Advisory Solutions Inc. reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 82.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 32,777 shares of the company’s stock after selling 155,855 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,375,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $25,000. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $33,000. First Horizon Corp bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at $36,000. Phillips Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $39,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.7%

iShares MSCI USA Quality Factor ETF stock opened at $204.39 on Monday. The company has a market capitalization of $59.26 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.48. The firm’s fifty day moving average is $201.78 and its 200 day moving average is $196.24.

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.