iShares MSCI USA Quality Factor ETF $QUAL Position Lessened by CGN Advisors LLC

CGN Advisors LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 26.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,389 shares of the company’s stock after selling 26,372 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.2% of CGN Advisors LLC’s portfolio, making the stock its 18th biggest position. CGN Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,274,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of QUAL. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $29,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $33,000. CX Institutional raised its position in iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 12.6%

Shares of QUAL opened at $198.82 on Friday. The company’s fifty day moving average is $196.11 and its 200-day moving average is $189.84. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The firm has a market cap of $57.65 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.