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

Flagstar Advisors Inc. cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,857 shares of the company’s stock after selling 207 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,485,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Signaturefd LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock worth $129,000 after buying an additional 227 shares during the last quarter. Provident Investment Management Inc. raised its position in iShares MSCI USA Quality Factor ETF by 5.8% during the second quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after acquiring an additional 614 shares during the last quarter. Annandale Capital LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock valued at $4,525,000 after purchasing an additional 363 shares in the last quarter. Calamos Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the second quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after purchasing an additional 365 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 103.2% in the second quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock valued at $3,937,000 after purchasing an additional 11,711 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

QUAL opened at $182.75 on Friday. The firm has a market cap of $48.23 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s fifty day simple moving average is $180.04 and its 200 day simple moving average is $173.72. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.