Concurrent Investment Advisors LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 42.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,527 shares of the company’s stock after selling 50,094 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $14,818,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. Resources Management Corp CT ADV bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $28,000. Cornerstone Financial Management LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000. Finally, Godsey & Gibb Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 69.8% in the first quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after purchasing an additional 67 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Stock Down 0.4%
QUAL stock opened at $222.58 on Friday. The firm has a market capitalization of $64.54 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $185.88 and a twelve month high of $227.32. The stock’s 50 day moving average is $221.12 and its 200-day moving average is $211.06.
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.
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