Advisory Services Network LLC Sells 341 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Advisory Services Network LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.8% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,049 shares of the company’s stock after selling 341 shares during the quarter. Advisory Services Network LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,240,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. VisionPoint Advisory Group LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $28,000. Thompson Investment Management Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $34,000. MCF Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $37,000. Finally, City State Bank boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after purchasing an additional 141 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock traded down $1.61 during trading on Friday, hitting $173.05. 861,376 shares of the company traded hands. The firm has a market capitalization of $45.67 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The company has a 50-day moving average of $168.31 and a 200-day moving average of $160.56.

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.