FFG Retirement Advisors LLC Sells 5,108 Shares of iShares MSCI USA Quality Factor ETF $QUAL

FFG Retirement Advisors LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,612 shares of the company’s stock after selling 5,108 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 3.4% of FFG Retirement Advisors LLC’s portfolio, making the stock its 11th largest holding. FFG Retirement Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,484,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $25,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $28,000. CoreFirst Bank & Trust purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $33,000. First Horizon Corp bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $36,000. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $194.12 on Thursday. The firm has a fifty day moving average price of $201.08 and a two-hundred day moving average price of $197.96. The company has a market cap of $56.29 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.