RCS Financial Planning LLC Sells 3,540 Shares of iShares MSCI USA Quality Factor ETF $QUAL

RCS Financial Planning LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 58.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,568 shares of the company’s stock after selling 3,540 shares during the period. RCS Financial Planning LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $571,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Uptick Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 32.5% during the 1st quarter. Uptick Partners LLC now owns 10,331 shares of the company’s stock valued at $1,982,000 after purchasing an additional 2,533 shares during the period. Noble Wealth Partners LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $5,225,000. Pure Financial Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.5% during the 4th quarter. Pure Financial Advisors LLC now owns 165,510 shares of the company’s stock worth $32,874,000 after buying an additional 5,541 shares during the period. Centaurus Financial Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 2.4% in the first quarter. Centaurus Financial Inc. now owns 151,213 shares of the company’s stock valued at $29,004,000 after buying an additional 3,523 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 100.6% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 54,982 shares of the company’s stock valued at $10,546,000 after buying an additional 27,578 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL traded down $1.16 during midday trading on Wednesday, reaching $225.93. 800,959 shares of the company were exchanged, compared to its average volume of 1,571,842. The stock has a market capitalization of $65.51 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $185.88 and a one year high of $228.13. The stock’s 50-day simple moving average is $223.34 and its 200 day simple moving average is $215.50.

iShares MSCI USA Quality Factor ETF shares are scheduled to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be payable to shareholders after the market closes 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.