Cliftonlarsonallen Wealth Advisors LLC Sells 8,580 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Cliftonlarsonallen Wealth Advisors LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 354,955 shares of the company’s stock after selling 8,580 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.1% of Cliftonlarsonallen Wealth Advisors LLC’s portfolio, making the stock its 20th biggest holding. Cliftonlarsonallen Wealth Advisors LLC owned approximately 0.12% of iShares MSCI USA Quality Factor ETF worth $69,039,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QUAL. BNP Paribas Financial Markets increased its position in iShares MSCI USA Quality Factor ETF by 3,606,710.7% during the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after buying an additional 2,705,033 shares during the period. Gallagher Fiduciary Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 13,080.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after acquiring an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC increased its position in iShares MSCI USA Quality Factor ETF by 72,284.9% during the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock worth $445,701,000 after acquiring an additional 2,434,556 shares during the period. Symphony Financial Ltd. Co. raised its stake in iShares MSCI USA Quality Factor ETF by 4,818.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after purchasing an additional 1,681,568 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $305,974,000.

iShares MSCI USA Quality Factor ETF Stock Up 13.2%

Shares of BATS:QUAL opened at $199.90 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The company’s 50 day moving average price is $196.25 and its two-hundred day moving average price is $190.14. The firm has a market cap of $57.96 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.