Perennial Investment Advisors LLC Sells 53,874 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Perennial Investment Advisors LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 50.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,524 shares of the company’s stock after selling 53,874 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.8% of Perennial Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Perennial Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,221,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of QUAL. Advisory Alpha LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.5% in the third quarter. Advisory Alpha LLC now owns 3,954 shares of the company’s stock worth $777,000 after purchasing an additional 60 shares during the period. Diversified Portfolios Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 47.7% in the 3rd quarter. Diversified Portfolios Inc. now owns 2,345 shares of the company’s stock valued at $456,000 after buying an additional 757 shares in the last quarter. American Wealth Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $321,000. Element Pointe Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.8% during the third quarter. Element Pointe Advisors LLC now owns 86,430 shares of the company’s stock worth $16,811,000 after acquiring an additional 1,488 shares in the last quarter. Finally, Insigneo Advisory Services LLC grew its stake in iShares MSCI USA Quality Factor ETF by 118.1% in the third quarter. Insigneo Advisory Services LLC now owns 7,912 shares of the company’s stock valued at $1,539,000 after acquiring an additional 4,285 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $201.68 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $205.65. The business has a 50-day moving average of $202.58 and a two-hundred day moving average of $197.16. The company has a market capitalization of $58.48 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.