iShares MSCI USA Quality Factor ETF $QUAL Stock Sold by Triumph Capital Management

Triumph Capital Management decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,459 shares of the company’s stock after selling 2,831 shares during the period. Triumph Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,658,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Lodestone Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.7% during the third quarter. Lodestone Wealth Management LLC now owns 2,187 shares of the company’s stock valued at $486,000 after purchasing an additional 57 shares during the last quarter. Aspen Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 4.8% in the 3rd quarter. Aspen Wealth Management LLC now owns 256,465 shares of the company’s stock worth $56,997,000 after purchasing an additional 11,719 shares during the last quarter. Shore Point Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.2% in the 3rd quarter. Shore Point Advisors LLC now owns 10,129 shares of the company’s stock worth $2,251,000 after purchasing an additional 122 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in iShares MSCI USA Quality Factor ETF by 4.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 6,100 shares of the company’s stock worth $1,356,000 after purchasing an additional 277 shares during the last quarter. Finally, Forte Asset Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.5% during the 3rd quarter. Forte Asset Management LLC now owns 50,470 shares of the company’s stock worth $11,216,000 after buying an additional 248 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.5%

BATS:QUAL traded down $1.16 during trading hours on Wednesday, hitting $225.93. 800,959 shares of the stock were exchanged, compared to its average volume of 1,571,842. The company’s 50 day moving average is $223.36 and its two-hundred day moving average is $215.75. The company has a market capitalization of $65.51 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $228.13.

iShares MSCI USA Quality Factor ETF shares are scheduled to split on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Wednesday, November 4th.

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.