Migdal Insurance & Financial Holdings Ltd. Sells 2,612 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Migdal Insurance & Financial Holdings Ltd. trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,667 shares of the company’s stock after selling 2,612 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares MSCI USA Quality Factor ETF were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $29,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $33,000. First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $36,000. Phillips Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $39,000. Finally, CX Institutional grew its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 14.3%

QUAL opened at $201.94 on Thursday. The company has a market cap of $58.55 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm’s 50-day moving average price is $198.89 and its 200-day moving average price is $193.35. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

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.