iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Hobbs Group Advisors LLC

Hobbs Group Advisors LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 36.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,577 shares of the company’s stock after selling 3,696 shares during the period. Hobbs Group Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,279,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of QUAL. Almanack Investment Partners LLC. grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% in the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock valued at $2,541,000 after purchasing an additional 52 shares in the last quarter. Cape Investment Advisory Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after purchasing an additional 57 shares during the last quarter. Atlas Brown Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 2.0% during the third quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after buying an additional 57 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its position in iShares MSCI USA Quality Factor ETF by 4.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after buying an additional 58 shares in the last quarter. Finally, GFG Capital LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after buying an additional 59 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.4%

Shares of BATS:QUAL opened at $199.52 on Thursday. The business has a fifty day moving average of $202.56 and a two-hundred day moving average of $197.56. The stock has a market cap of $57.85 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $205.65.

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.