B. Riley Wealth Advisors Inc. Sells 5,257 Shares of iShares MSCI USA Quality Factor ETF $QUAL

B. Riley Wealth Advisors Inc. cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,225 shares of the company’s stock after selling 5,257 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,517,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in QUAL. Keener Financial Planning LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth about $29,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $33,000. First Horizon Corp purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $36,000. CX Institutional lifted its position in iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the period. Finally, Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Trading Up 14.8%

BATS:QUAL opened at $202.71 on Monday. The company has a market cap of $58.78 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company has a 50 day simple moving average of $199.21 and a two-hundred day simple moving average of $193.68.

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.