Flagstar Advisors Inc. Cuts Stake in iShares MSCI USA Quality Factor ETF $QUAL

Flagstar Advisors Inc. reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,958 shares of the company’s stock after selling 2,648 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $985,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Cerity Partners LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 39.6% in the 2nd 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. MML Investors Services LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.3% in the 2nd 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. Orgel Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares during the period. Blue Trust Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 2.9% in the third quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock worth $532,525,000 after purchasing an additional 76,969 shares during the last quarter. Finally, Facet Wealth Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 5.0% during the third quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock valued at $511,279,000 after buying an additional 125,483 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 2.0%

BATS QUAL opened at $190.15 on Friday. The company has a 50-day simple moving average of $200.82 and a two-hundred day simple moving average of $197.91. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The firm has a market cap of $55.13 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.