Flagstar Advisors Inc. Trims Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Flagstar Advisors Inc. lowered its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,617 shares of the company’s stock after selling 240 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,425,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. FMR LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC raised its position in iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 18,801.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock valued at $93,070,000 after acquiring an additional 519,868 shares during the period. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $81,990,000. Finally, Goldstein Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 11,176.9% in the 3rd quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock worth $50,569,000 after buying an additional 279,535 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 5.0 %

Shares of BATS QUAL opened at $185.50 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a 50 day moving average of $181.78 and a 200 day moving average of $179.56. The firm has a market capitalization of $48.95 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.