iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by RFG Advisory LLC

RFG Advisory LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,582 shares of the company’s stock after selling 6,019 shares during the period. RFG Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,527,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of QUAL. Galvin Gaustad & Stein LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after purchasing an additional 54 shares in the last quarter. Global Financial Private Client LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after purchasing an additional 60 shares in the last quarter. L. Roy Papp & Associates LLP increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock worth $450,000 after purchasing an additional 60 shares in the last quarter. Acorn Wealth Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the 1st quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock worth $2,466,000 after purchasing an additional 62 shares in the last quarter. Finally, Citizens National Bank Trust Department increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the 1st quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock worth $445,000 after purchasing an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $192.92 on Tuesday. The firm has a 50 day simple moving average of $190.48 and a 200-day simple moving average of $180.59. 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 $55.94 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.