Prime Capital Investment Advisors LLC Sells 12,808 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Prime Capital Investment Advisors LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 486,369 shares of the company’s stock after selling 12,808 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.2% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Prime Capital Investment Advisors LLC owned approximately 0.18% of iShares MSCI USA Quality Factor ETF worth $87,206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in QUAL. BNP Paribas Financial Markets raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 389.4% in the first quarter. BNP Paribas Financial Markets now owns 788 shares of the company’s stock valued at $130,000 after acquiring an additional 627 shares in the last quarter. Inspire Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $280,000. Headlands Technologies LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $48,000. QRG Capital Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 136.8% in the first quarter. QRG Capital Management Inc. now owns 4,380 shares of the company’s stock valued at $720,000 after buying an additional 2,530 shares during the last quarter. Finally, Koshinski Asset Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $234,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL traded down $0.17 during trading hours on Tuesday, reaching $184.25. The stock had a trading volume of 1,005,623 shares. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a market cap of $48.62 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock has a fifty day moving average of $178.73 and a 200 day moving average of $172.61.

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.