iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,994 shares of the company’s stock after selling 17,907 shares during the period. Parallel Advisors LLC owned 0.05% of iShares MSCI USA Quality Factor ETF worth $28,003,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $25,000. Resources Management Corp CT ADV purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $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 approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $224.83 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $183.28 and a 1 year high of $225.35. The firm has a 50 day moving average price of $217.03 and a 200 day moving average price of $207.66. The company has a market cap of $65.19 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.