iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Orgel Wealth Management LLC

Orgel Wealth Management LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,195,000 shares of the company’s stock after selling 1,163,210 shares during the period. iShares MSCI USA Quality Factor ETF makes up 9.2% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Orgel Wealth Management LLC owned about 0.76% of iShares MSCI USA Quality Factor ETF worth $487,817,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after purchasing an additional 2,357,971 shares in the last quarter. Facet Wealth Inc. raised its holdings 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 worth $724,159,000 after buying an additional 334,234 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Royal Bank of Canada now owns 1,777,079 shares of the company’s stock valued at $340,861,000 after buying an additional 49,616 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 1,574,045 shares of the company’s stock valued at $301,918,000 after buying an additional 43,742 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.2% in the first quarter. Janney Montgomery Scott LLC now owns 865,213 shares of the company’s stock valued at $165,957,000 after buying an additional 18,526 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $225.93 on Thursday. The stock has a market capitalization of $65.51 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average price of $223.36 and a 200-day moving average price of $215.75. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year high of $228.13.

Shares of iShares MSCI USA Quality Factor ETF are set to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued 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.