8,970 iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,835 shares of the company’s stock after selling 8,970 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 0.8% of Fragasso Financial Advisors Inc’s holdings, making the stock its 18th biggest position. Fragasso Financial Advisors Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,088,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of QUAL. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth $28,000. Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000. Godsey & Gibb Inc. raised its position in iShares MSCI USA Quality Factor ETF by 69.8% in the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after purchasing an additional 67 shares during the period. Hurley Capital LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $35,000. Finally, Indiana Trust & Investment Management Co lifted its holdings in iShares MSCI USA Quality Factor ETF by 1,500.0% during the 1st quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock valued at $34,000 after buying an additional 165 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.4%

Shares of BATS QUAL traded down $0.89 during trading hours on Tuesday, reaching $226.83. The stock had a trading volume of 162,035 shares, compared to its average volume of 1,574,070. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $228.13. The firm has a market cap of $65.77 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s fifty day moving average price is $223.30 and its two-hundred day moving average price is $215.26.

iShares MSCI USA Quality Factor ETF shares are scheduled to split on Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be issued to shareholders after the market closes on Wednesday, November 4th.

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.