Sequoia Financial Advisors LLC Sells 3,249 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sequoia Financial Advisors LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 3.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,286 shares of the company’s stock after selling 3,249 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $20,195,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $27,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock traded up $1.19 on Friday, reaching $219.69. 1,370,117 shares of the company were exchanged, compared to its average volume of 1,894,405. iShares MSCI USA Quality Factor ETF has a 12 month low of $181.55 and a 12 month high of $220.24. The stock’s fifty day moving average price is $214.46 and its 200 day moving average price is $205.54. The firm has a market capitalization of $63.70 billion, a PE ratio of 25.59 and a beta of 1.05.

About iShares MSCI USA Quality Factor ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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