MAI Capital Management Has $6.10 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MAI Capital Management lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 34,013 shares of the company’s stock after selling 1,233 shares during the quarter. MAI Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,099,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Halpern Financial Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $26,000. Barrett & Company Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $27,000. Voisard Asset Management Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $27,000. Finally, Centennial Bank AR bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $179.98 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a market capitalization of $47.50 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company has a 50-day simple moving average of $179.50 and a 200 day simple moving average of $173.30.

iShares MSCI USA Quality Factor ETF Company 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.