RFG Advisory LLC Reduces Stake in iShares MSCI USA Quality Factor ETF $QUAL

RFG Advisory LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 18,881 shares of the company’s stock after selling 13,533 shares during the quarter. RFG Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. MML Investors Services LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock valued at $736,892,000 after buying an additional 65,534 shares during the period. Facet Wealth Inc. grew its position in iShares MSCI USA Quality Factor ETF by 11.3% during the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after buying an additional 334,234 shares during the period. Finally, Focus Partners Wealth increased its holdings in iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after buying an additional 240,881 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $219.56 on Thursday. The company has a market cap of $63.66 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year high of $227.32. The firm has a fifty day moving average price of $221.27 and a 200-day moving average price of $211.51.

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.