Flagstar Advisors Inc. Cuts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Flagstar Advisors Inc. cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,857 shares of the company’s stock after selling 207 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,485,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in QUAL. Signaturefd LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 46.3% in the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after acquiring an additional 227 shares during the last quarter. Provident Investment Management Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after purchasing an additional 614 shares during the period. Annandale Capital LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after purchasing an additional 363 shares during the period. Calamos Wealth Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 26.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock valued at $295,000 after purchasing an additional 365 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 103.2% during the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock worth $3,937,000 after purchasing an additional 11,711 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $182.75 on Friday. The firm has a market capitalization of $48.23 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The company’s 50 day moving average price is $180.04 and its 200 day moving average price is $173.72.

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.