Brookstone Capital Management Sells 40,572 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Brookstone Capital Management lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 98,912 shares of the company’s stock after selling 40,572 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,646,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Almanack Investment Partners LLC. boosted its position in iShares MSCI USA Quality Factor ETF by 0.4% during the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock valued at $2,541,000 after purchasing an additional 52 shares during the last quarter. Tompkins Financial Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after purchasing an additional 52 shares during the last quarter. Cape Investment Advisory Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock worth $460,000 after purchasing an additional 57 shares during the last quarter. Atlas Brown Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after purchasing an additional 57 shares in the last quarter. Finally, Members Trust Co raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after purchasing an additional 57 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.4%

BATS QUAL opened at $186.49 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $205.65. The stock has a 50 day moving average of $200.16 and a 200-day moving average of $197.97. The company has a market cap of $54.07 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.