iShares MSCI USA Quality Factor ETF $QUAL Stock Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.9% in the 3rd quarter, Holdings Channel reports. The firm owned 69,524 shares of the company’s stock after selling 38,916 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,451,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its position 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 buying an additional 2,357,971 shares in the last quarter. Orgel Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock worth $736,892,000 after buying an additional 65,534 shares in the last quarter. Facet Wealth Inc. lifted its stake in shares of 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 acquiring an additional 334,234 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 1st quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock valued at $340,861,000 after acquiring an additional 49,616 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings 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 valued at $301,918,000 after acquiring an additional 43,742 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 2.3%

BATS QUAL opened at $227.02 on Thursday. The company has a market cap of $65.82 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $228.13. The business’s fifty day moving average is $223.26 and its 200 day moving average is $212.86.

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.