Sowell Financial Services LLC Cuts Position in iShares MSCI USA Quality Factor ETF $QUAL

Sowell Financial Services LLC decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 164,758 shares of the company’s stock after selling 1,264 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.2% of Sowell Financial Services LLC’s investment portfolio, making the stock its 10th largest holding. Sowell Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,121,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Flow Traders U.S. LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 412.9% during the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock valued at $10,937,000 after purchasing an additional 51,524 shares in the last quarter. SlateStone Wealth LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 12.4% during the 1st quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock valued at $26,883,000 after purchasing an additional 17,337 shares in the last quarter. Delap Wealth Advisory LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $385,000. Elevate Wealth Advisory Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.1% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock valued at $500,000 after purchasing an additional 115 shares in the last quarter. Finally, Partners Capital Investment Group LLP lifted its position in iShares MSCI USA Quality Factor ETF by 284.3% during the 1st quarter. Partners Capital Investment Group LLP now owns 101,407 shares of the company’s stock valued at $17,329,000 after acquiring an additional 75,022 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $192.82 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market cap of $55.91 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50-day moving average of $187.46 and a 200 day moving average of $178.25.

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.