iShares MSCI USA Quality Factor ETF $QUAL Stock Position Lowered by Wharton Business Group LLC

Wharton Business Group LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.8% in the third quarter, Holdings Channel reports. The institutional investor owned 1,201,504 shares of the company’s stock after selling 10,039 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 9.2% of Wharton Business Group LLC’s investment portfolio, making the stock its biggest holding. Wharton Business Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $233,693,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in QUAL. Almanack Investment Partners LLC. grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock valued at $2,541,000 after purchasing an additional 52 shares in the last quarter. Cape Investment Advisory Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 2.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock worth $460,000 after purchasing an additional 57 shares during the period. Atlas Brown Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 2.0% during the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after buying an additional 57 shares in the last quarter. NorthCrest Asset Manangement LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock valued at $269,000 after buying an additional 58 shares during the period. Finally, GFG Capital LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the third quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after buying an additional 59 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.3%

Shares of QUAL stock traded up $0.60 during trading hours on Friday, reaching $203.63. The stock had a trading volume of 70,807 shares, compared to its average volume of 1,767,316. The stock’s fifty day simple moving average is $201.68 and its 200 day simple moving average is $195.94. The firm has a market capitalization of $59.04 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $205.48.

iShares MSCI USA Quality Factor ETF 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.