Midwest Trust Co Decreases Position in iShares MSCI USA Quality Factor ETF $QUAL

Midwest Trust Co cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 55.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,107 shares of the company’s stock after selling 3,834 shares during the period. Midwest Trust Co’s holdings in iShares MSCI USA Quality Factor ETF were worth $604,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $25,000. CoreFirst Bank & Trust purchased a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $33,000. First Horizon Corp purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $36,000. Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $39,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Down 1.5%

Shares of BATS QUAL opened at $200.74 on Friday. The firm’s fifty day moving average is $201.37 and its 200 day moving average is $195.33. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $205.48. The company has a market cap of $58.20 billion, a price-to-earnings 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.