CFS Investment Advisory Services LLC Sells 24,519 Shares of iShares MSCI USA Quality Factor ETF $QUAL

CFS Investment Advisory Services LLC lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 151,120 shares of the company’s stock after selling 24,519 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.2% of CFS Investment Advisory Services LLC’s portfolio, making the stock its 7th biggest position. CFS Investment Advisory Services LLC owned about 0.05% of iShares MSCI USA Quality Factor ETF worth $29,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after acquiring an additional 624,581 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after purchasing an additional 50,889 shares during the period. Cerity Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the period. Finally, CWM LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock worth $619,236,000 after purchasing an additional 64,226 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $203.74 on Tuesday. The company has a market capitalization of $59.08 billion, a PE ratio of 25.59 and a beta of 1.05. The company’s 50 day moving average price is $199.44 and its 200 day moving average price is $193.81. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week 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.