iShares MSCI USA Quality Factor ETF $QUAL Stock: RCS Financial Planning LLC Reduces Holdings

RCS Financial Planning LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 58.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,568 shares of the company’s stock after selling 3,540 shares during the period. RCS Financial Planning LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $571,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in QUAL. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $28,000. Godsey & Gibb Inc. raised its holdings 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 acquiring an additional 67 shares during the period. Hurley Capital LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $35,000. Indiana Trust & Investment Management Co lifted its position in iShares MSCI USA Quality Factor ETF by 1,500.0% in the 1st quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock valued at $34,000 after acquiring an additional 165 shares in the last quarter. Finally, First Community Trust NA bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL traded down $1.16 on Wednesday, reaching $225.93. The company had a trading volume of 800,959 shares, compared to its average volume of 1,571,842. The firm has a market capitalization of $65.51 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 $228.13. The company’s fifty day moving average is $223.34 and its 200-day moving average is $215.50.

Shares of iShares MSCI USA Quality Factor ETF are going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

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.