iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 136,832 shares of the company’s stock after selling 3,055 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,409,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in QUAL. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $28,000. Cornerstone Financial Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000. Godsey & Gibb Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 69.8% during the first quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after purchasing an additional 67 shares during the period. Indiana Trust & Investment Management Co raised its position in shares of iShares MSCI USA Quality Factor ETF by 1,500.0% during the first quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock worth $34,000 after purchasing an additional 165 shares during the period. Finally, Hurley Capital LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $35,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

BATS QUAL traded up $0.23 during mid-day trading on Thursday, hitting $226.13. The company’s stock had a trading volume of 1,300,593 shares, compared to its average volume of 1,592,316. The company’s 50 day simple moving average is $222.88 and its 200 day simple moving average is $214.55. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $227.32. The firm has a market capitalization of $65.57 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF’s stock is going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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.