Empire Life Investments Inc. Sells 3,300 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Empire Life Investments Inc. lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.7% in the third quarter, Holdings Channel reports. The firm owned 34,847 shares of the company’s stock after selling 3,300 shares during the quarter. Empire Life Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,248,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cardinal Strategic Wealth Guidance raised its holdings in iShares MSCI USA Quality Factor ETF by 8.6% in the 3rd quarter. Cardinal Strategic Wealth Guidance now owns 215,140 shares of the company’s stock valued at $38,575,000 after buying an additional 16,965 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,424,905 shares of the company’s stock worth $255,486,000 after purchasing an additional 39,144 shares during the last quarter. Pure Financial Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.6% during the third quarter. Pure Financial Advisors LLC now owns 113,478 shares of the company’s stock worth $20,347,000 after buying an additional 4,967 shares during the period. Fullcircle Wealth LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the 3rd quarter. Fullcircle Wealth LLC now owns 14,307 shares of the company’s stock worth $2,577,000 after acquiring an additional 440 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 3.4% in the third quarter. Farther Finance Advisors LLC now owns 159,202 shares of the company’s stock valued at $28,545,000 after buying an additional 5,295 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $177.09 on Friday. The business’s 50 day simple moving average is $178.18 and its two-hundred day simple moving average is $171.44. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market cap of $46.73 billion, a P/E 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.