iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,617 shares of the company’s stock after selling 240 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,425,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. FMR LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the period. LPL Financial LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the period. Strategic Financial Concepts LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 18,801.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock worth $93,070,000 after purchasing an additional 519,868 shares during the period. Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $81,990,000. Finally, Goldstein Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 11,176.9% in the 3rd quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock valued at $50,569,000 after buying an additional 279,535 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 5.0 %

Shares of BATS:QUAL opened at $185.50 on Wednesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock has a market cap of $48.95 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $181.78 and its 200 day moving average price is $179.56.

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.