iShares MSCI USA Quality Factor ETF $QUAL Stake Cut by MRA Advisory Group

MRA Advisory Group cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 93.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,346 shares of the company’s stock after selling 49,054 shares during the quarter. MRA Advisory Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $744,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. First Community Trust NA purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $40,000. Tompkins Financial Corp lifted its position in iShares MSCI USA Quality Factor ETF by 192.5% during the 3rd quarter. Tompkins Financial Corp now owns 854 shares of the company’s stock worth $190,000 after acquiring an additional 562 shares during the period. Baker Tilly Wealth Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 61.0% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 1,871 shares of the company’s stock worth $416,000 after acquiring an additional 709 shares during the period. Ferguson Wellman Capital Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 3,244 shares of the company’s stock valued at $721,000 after purchasing an additional 155 shares during the last quarter. Finally, CX Institutional grew its stake in shares of iShares MSCI USA Quality Factor ETF by 11.9% in the 3rd quarter. CX Institutional now owns 1,315 shares of the company’s stock valued at $292,000 after purchasing an additional 140 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL traded down $0.22 during trading on Wednesday, reaching $226.25. The company had a trading volume of 393,927 shares, compared to its average volume of 1,591,301. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $185.88 and a fifty-two week high of $227.32. The stock’s fifty day moving average price is $222.68 and its 200 day moving average price is $214.32. The firm has a market capitalization of $65.60 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF shares are going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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.