Parallel Advisors LLC Cuts Position in iShares MSCI USA Quality Factor ETF $QUAL

Parallel Advisors LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 10.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 145,994 shares of the company’s stock after selling 17,907 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $28,003,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of QUAL. NewEdge Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 1st quarter. NewEdge Advisors LLC now owns 732,682 shares of the company’s stock valued at $140,536,000 after acquiring an additional 18,529 shares during the period. Allen Capital Group LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1.6% during the 1st quarter. Allen Capital Group LLC now owns 7,622 shares of the company’s stock worth $1,462,000 after purchasing an additional 118 shares during the period. WNY Asset Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth $1,071,000. Wellington Grp LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 146.8% in the 1st quarter. Wellington Grp LLC now owns 738 shares of the company’s stock valued at $142,000 after purchasing an additional 439 shares in the last quarter. Finally, TrueWealth Financial Partners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $746,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $224.83 on Wednesday. The business’s 50-day moving average is $217.03 and its two-hundred day moving average is $207.66. iShares MSCI USA Quality Factor ETF has a 12 month low of $183.28 and a 12 month high of $225.35. The firm has a market capitalization of $65.19 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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