Parallel Advisors LLC Sells 20,203 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Parallel Advisors LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 168,359 shares of the company’s stock after selling 20,203 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 0.6% of Parallel Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Parallel Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $32,746,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Curio Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 45.4% during the 3rd quarter. Curio Wealth LLC now owns 958 shares of the company’s stock worth $186,000 after acquiring an additional 299 shares during the period. HUB Investment Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.0% during the 3rd quarter. HUB Investment Partners LLC now owns 80,251 shares of the company’s stock valued at $15,609,000 after acquiring an additional 3,061 shares during the last quarter. Modern Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 59.4% in the 3rd quarter. Modern Wealth Management LLC now owns 511,164 shares of the company’s stock valued at $99,421,000 after purchasing an additional 190,460 shares during the period. Ironsides Asset Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 16.2% in the 3rd quarter. Ironsides Asset Advisors LLC now owns 33,228 shares of the company’s stock worth $6,463,000 after purchasing an additional 4,625 shares during the last quarter. Finally, Palo Alto Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 4.6% in the 3rd quarter. Palo Alto Wealth Advisors LLC now owns 125,685 shares of the company’s stock worth $24,700,000 after purchasing an additional 5,541 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.5%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $198.66 on Friday. The business has a fifty day simple moving average of $202.53 and a 200 day simple moving average of $197.30. The stock has a market cap of $57.60 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 $205.65.

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.