RFG Advisory LLC Decreases Position in iShares MSCI USA Quality Factor ETF $QUAL

RFG Advisory LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 46,283 shares of the company’s stock after selling 9,091 shares during the quarter. RFG Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,193,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. WealthBridge Capital Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 3.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares during the last quarter. Almanack Investment Partners LLC. lifted its stake in iShares MSCI USA Quality Factor ETF by 0.4% during the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after purchasing an additional 52 shares during the last quarter. Tompkins Financial Corp lifted its stake in iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after purchasing an additional 52 shares during the last quarter. Members Trust Co lifted its stake in iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after purchasing an additional 57 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its stake in 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 worth $269,000 after purchasing an additional 58 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $207.50 on Wednesday. The business’s 50-day simple moving average is $199.73 and its 200-day simple moving average is $199.37. iShares MSCI USA Quality Factor ETF has a one year low of $169.23 and a one year high of $208.67. The stock has a market capitalization of $60.16 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.