Detalus Advisors LLC Sells 3,768 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Detalus Advisors LLC lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 34,039 shares of the company’s stock after selling 3,768 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.5% of Detalus Advisors LLC’s holdings, making the stock its 13th largest holding. Detalus Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,565,000 as of its most recent SEC filing.

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

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $226.72 on Friday. The business’s 50-day moving average is $223.40 and its 200 day moving average is $216.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year high of $228.13. The firm has a market capitalization of $65.74 billion, a P/E ratio of 25.59 and a beta of 1.05.

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 distributed 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.