Brookstone Capital Management Trims Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Brookstone Capital Management trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,484 shares of the company’s stock after selling 14,036 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $27,130,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.1% in the third quarter. Private Trust Co. NA now owns 22,596 shares of the company’s stock valued at $4,395,000 after purchasing an additional 246 shares in the last quarter. Symmetry Partners LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 12.2% during the 3rd quarter. Symmetry Partners LLC now owns 152,870 shares of the company’s stock worth $29,733,000 after buying an additional 16,666 shares in the last quarter. Stanich Group LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the 3rd quarter. Stanich Group LLC now owns 24,393 shares of the company’s stock worth $4,745,000 after buying an additional 693 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.8% in the 3rd quarter. Vontobel Holding Ltd. now owns 10,875 shares of the company’s stock valued at $2,115,000 after buying an additional 875 shares during the period. Finally, Tactive Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $205,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $200.99 on Thursday. The stock has a fifty day moving average price of $196.54 and a two-hundred day moving average price of $190.35. The stock has a market capitalization of $58.28 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26.

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.