Fragasso Financial Advisors Inc reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 11.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 70,835 shares of the company’s stock after selling 8,970 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.8% of Fragasso Financial Advisors Inc’s portfolio, 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 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of the business. Paller Financial Services Inc grew its position in iShares MSCI USA Quality Factor ETF by 1.7% during the 3rd quarter. Paller Financial Services Inc now owns 27,456 shares of the company’s stock worth $6,102,000 after purchasing an additional 462 shares during the last quarter. Balefire LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 23.7% in the 3rd quarter. Balefire LLC now owns 2,869 shares of the company’s stock worth $638,000 after buying an additional 549 shares during the period. BOS Asset Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 5.4% in the 3rd quarter. BOS Asset Management LLC now owns 48,940 shares of the company’s stock worth $10,876,000 after buying an additional 2,521 shares during the period. LifeGoal Investments LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 3.3% in the third quarter. LifeGoal Investments LLC now owns 1,971 shares of the company’s stock worth $438,000 after acquiring an additional 63 shares during the period. Finally, First Heartland Consultants Inc. grew its position in iShares MSCI USA Quality Factor ETF by 152.1% during the 3rd quarter. First Heartland Consultants Inc. now owns 6,854 shares of the company’s stock worth $1,523,000 after purchasing an additional 4,135 shares during the period.
iShares MSCI USA Quality Factor ETF Trading Down 0.4%
Shares of BATS QUAL traded down $0.89 during trading on Tuesday, reaching $226.83. 162,035 shares of the company traded hands, compared to its average volume of 1,574,070. The firm’s fifty day simple moving average is $223.30 and its 200 day simple moving average is $215.26. The stock has a market cap of $65.77 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $185.88 and a 12-month high of $228.13.
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.
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