Money Concepts Capital Corp Sells 15,674 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Money Concepts Capital Corp trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,852 shares of the company’s stock after selling 15,674 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,916,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at about $29,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $33,000. First Horizon Corp acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $36,000. Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $39,000. Finally, Legacy Investment Solutions LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 15.3%

QUAL stock opened at $203.69 on Tuesday. The firm has a market capitalization of $59.06 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The stock’s 50 day moving average is $200.67 and its 200-day moving average is $194.52.

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.