iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,753 shares of the company’s stock after selling 7,583 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 2.5% of ARQ Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest position. ARQ Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,510,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in QUAL. CIBC Bancorp USA Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $905,000. Bell Investment Advisors Inc grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Bell Investment Advisors Inc now owns 82,220 shares of the company’s stock valued at $15,992,000 after acquiring an additional 1,345 shares in the last quarter. Ariadne Wealth Management LP purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $222,000. Portus Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $1,897,000. Finally, Centaurus Financial Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the third quarter. Centaurus Financial Inc. now owns 131,184 shares of the company’s stock worth $25,515,000 after acquiring an additional 2,533 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $196.88 on Wednesday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65. The stock has a 50-day moving average price of $202.22 and a 200 day moving average price of $197.83. The company has a market capitalization of $57.09 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.