CGN Advisors LLC Sells 5,927 Shares of iShares MSCI USA Quality Factor ETF $QUAL

CGN Advisors LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,462 shares of the company’s stock after selling 5,927 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.1% of CGN Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. CGN Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,399,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $28,000. CoreFirst Bank & Trust acquired a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $33,000. First Horizon Corp bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $36,000. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $194.21 on Friday. The firm has a market cap of $56.31 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $205.65. The business’s 50 day moving average price is $201.90 and its two-hundred day moving average price is $197.77.

About iShares MSCI USA Quality Factor ETF

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.