Allworth Financial LP Sells 3,768 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Allworth Financial LP trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 99,340 shares of the company’s stock after selling 3,768 shares during the period. Allworth Financial LP’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,798,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Advocate Investing Services LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $28,000. Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000. Finally, Godsey & Gibb Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 69.8% during the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after acquiring an additional 67 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded down $1.79 during mid-day trading on Tuesday, reaching $220.79. 881,256 shares of the company’s stock traded hands, compared to its average volume of 1,655,968. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $227.32. The firm has a 50 day moving average price of $221.23 and a two-hundred day moving average price of $211.27. The firm has a market capitalization of $64.02 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.