iShares MSCI USA Quality Factor ETF $QUAL Stake Lowered by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.0% during the third quarter, HoldingsChannel reports. The fund owned 37,412 shares of the company’s stock after selling 2,796 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.9% of Patriot Financial Group Insurance Agency LLC’s holdings, making the stock its 18th biggest position. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,277,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets increased its position in iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after purchasing an additional 2,705,033 shares during the last quarter. Gallagher Fiduciary Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 13,080.9% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after buying an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% in the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after buying an additional 2,434,556 shares in the last quarter. Symphony Financial Ltd. Co. increased its holdings in iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after buying an additional 1,681,568 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $305,974,000.

iShares MSCI USA Quality Factor ETF Stock Up 12.0%

BATS QUAL opened at $197.79 on Friday. The stock has a market capitalization of $57.35 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The company has a 50 day moving average price of $195.96 and a two-hundred day moving average price of $189.70.

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.