Mount Yale Investment Advisors LLC Cuts Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Mount Yale Investment Advisors LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,381 shares of the company’s stock after selling 2,328 shares during the period. iShares MSCI USA Quality Factor ETF comprises 0.6% of Mount Yale Investment Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Mount Yale Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,702,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of QUAL. Halpern Financial Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $26,000. MCF Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $37,000. Unique Wealth Strategies LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $37,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $41,000. Finally, Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $179.72 on Friday. The firm has a 50 day simple moving average of $177.84 and a 200-day simple moving average of $170.61. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The stock has a market cap of $47.43 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.