Clearstead Advisors LLC Has $75.66 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Clearstead Advisors LLC lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 22.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 388,991 shares of the company’s stock after selling 113,951 shares during the period. iShares MSCI USA Quality Factor ETF makes up 1.0% of Clearstead Advisors LLC’s portfolio, making the stock its 21st biggest position. Clearstead Advisors LLC owned about 0.13% of iShares MSCI USA Quality Factor ETF worth $75,659,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Gallagher Fiduciary Advisors LLC boosted its position in iShares MSCI USA Quality Factor ETF by 13,080.9% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after acquiring an additional 2,463,130 shares during the period. Soundwatch Capital LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% in the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock worth $445,701,000 after purchasing an additional 2,434,556 shares in the last quarter. Symphony Financial Ltd. Co. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after purchasing an additional 1,681,568 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $305,974,000. Finally, Cerity Partners LLC grew its position in iShares MSCI USA Quality Factor ETF by 39.6% during the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after purchasing an additional 1,065,946 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $204.39 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.48. The firm has a market cap of $59.26 billion, a PE ratio of 25.59 and a beta of 1.05. The firm’s 50 day moving average price is $201.78 and its two-hundred day moving average price is $196.24.

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.